YEARLY HIGH
0.0023 DKK
YEARLY LOW
0.0021 DKK
YEARLY AVERAGE
0.0022 DKK

2021 MNT to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MNT to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.0023. Conversely, the yearly low was recorded on January 5, dropping to 0.0021.

This high-to-low spread represents a total annual volatility of 0.0002 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0021 to the December average rate of 0.0023, the exchange rate registered a net change of 7.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0023 was down 8.69% compared to the 2020 peak of 0.0025, 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 12 DKK
2020 Average 12 DKK
Yearly Trough Low 11 DKK
Transaction Impact: A difference of 1.01 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0023
0.0021
JanuMarcMayJulySeptNove

MNT to DKK 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 0.0022, compared to 0.0022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0022
H2 Avg (Jul–Dec) 0.0022

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0001 DKK (High: 0.0023 / Low: 0.0022). On the other end, July was the most stable month, with a tight range of 0.0000 DKK (High: 0.0022 / Low: 0.0022).

November Spread (Volatile) ±0.0001
July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0000 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0023) against the same month in 2020 (average: 0.0022), the exchange rate shifted by +0.0001 (+3.42%).

2021 Avg (November) 0.0023
2020 Avg (November) 0.0022

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0022 0.0021 0.0021
February 0.0022 0.0021 0.0022
March 0.0022 0.0022 0.0022
April 0.0022 0.0021 0.0022
May 0.0022 0.0021 0.0021
June 0.0022 0.0021 0.0022
July 0.0022 0.0022 0.0022
August 0.0022 0.0022 0.0022
September 0.0023 0.0022 0.0022
October 0.0023 0.0022 0.0023
November 0.0023 0.0022 0.0023
December 0.0023 0.0023 0.0023