YEARLY HIGH
0.0684 CVE
YEARLY LOW
0.0584 CVE
YEARLY AVERAGE
0.0631 CVE

2011 MNT to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MNT to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0684. Conversely, the yearly low was recorded on May 4, dropping to 0.0584.

This high-to-low spread represents a total annual volatility of 0.0100 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0663 to the December average rate of 0.0614, the exchange rate registered a net change of -7.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0684 was down 1.37% compared to the 2010 peak of 0.0694, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MNT based on timing:

Yearly Peak High 342 CVE
2010 Average 309 CVE
Yearly Trough Low 292 CVE
Transaction Impact: A difference of 49.85 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0668
0.0607
JanuMarcMayJulySeptNove

MNT to CVE Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0637, compared to 0.0625 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0637
H2 Avg (Jul–Dec) 0.0625

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0064 CVE (High: 0.0654 / Low: 0.0590). On the other end, December was the most stable month, with a tight range of 0.0013 CVE (High: 0.0620 / Low: 0.0608).

April Spread (Volatile) ±0.0064
December Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0663) against the same month in 2010 (average: 0.0533), the exchange rate shifted by +0.0130 (+24.40%).

2011 Avg (January) 0.0663
2010 Avg (January) 0.0533

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0684 0.0649 0.0663
February 0.0655 0.0639 0.0648
March 0.0658 0.0630 0.0644
April 0.0654 0.0590 0.0628
May 0.0646 0.0584 0.0625
June 0.0625 0.0602 0.0612
July 0.0637 0.0609 0.0621
August 0.0640 0.0612 0.0626
September 0.0653 0.0617 0.0638
October 0.0663 0.0602 0.0628
November 0.0633 0.0614 0.0625
December 0.0620 0.0608 0.0614