YEARLY HIGH
0.0073 EGP
YEARLY LOW
0.0054 EGP
YEARLY AVERAGE
0.0061 EGP

2022 MNT to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MNT to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0073. Conversely, the yearly low was recorded on March 13, dropping to 0.0054.

This high-to-low spread represents a total annual volatility of 0.0018 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0055 to the December average rate of 0.0072, the exchange rate registered a net change of 31.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0073 was up 30.90% compared to the 2021 peak of 0.0056, 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 36 EGP
2021 Average 28 EGP
Yearly Trough Low 27 EGP
Transaction Impact: A difference of 9.15 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0074
0.0053
JanuMarcMayJulySeptNove

MNT to EGP 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 0.0058, compared to 0.0064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0058
H2 Avg (Jul–Dec) 0.0064

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.0013 EGP (High: 0.0072 / Low: 0.0058). On the other end, January was the most stable month, with a tight range of 0.0000 EGP (High: 0.0055 / Low: 0.0055).

October Spread (Volatile) ±0.0013
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.0072) against the same month in 2021 (average: 0.0055), the exchange rate shifted by +0.0017 (+31.64%).

2022 Avg (December) 0.0072
2021 Avg (December) 0.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0055 0.0055 0.0055
February 0.0055 0.0055 0.0055
March 0.0064 0.0054 0.0058
April 0.0063 0.0061 0.0062
May 0.0061 0.0059 0.0060
June 0.0060 0.0060 0.0060
July 0.0060 0.0060 0.0060
August 0.0061 0.0060 0.0060
September 0.0061 0.0060 0.0060
October 0.0072 0.0058 0.0061
November 0.0072 0.0071 0.0072
December 0.0073 0.0072 0.0072