YEARLY HIGH
0.0179 ETB
YEARLY LOW
0.0155 ETB
YEARLY AVERAGE
0.0167 ETB

2022 MNT to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MNT to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 4, valuing the pair at 0.0179. Conversely, the yearly low was recorded on November 11, dropping to 0.0155.

This high-to-low spread represents a total annual volatility of 0.0024 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0173 to the December average rate of 0.0157, the exchange rate registered a net change of -9.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0179 was down 77.32% compared to the 2021 peak of 0.0791, 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 90 ETB
2021 Average 78 ETB
Yearly Trough Low 78 ETB
Transaction Impact: A difference of 12.06 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0179
0.0154
JanuMarcMayJulySeptNove

MNT to ETB 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 0.0172, compared to 0.0161 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) 0.0172
H2 Avg (Jul–Dec) 0.0161

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0008 ETB (High: 0.0178 / Low: 0.0170). On the other end, December was the most stable month, with a tight range of 0.0001 ETB (High: 0.0158 / Low: 0.0157).

April Spread (Volatile) ±0.0008
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0177) against the same month in 2021 (average: 0.0142), the exchange rate shifted by +0.0035 (+24.92%).

2022 Avg (March) 0.0177
2021 Avg (March) 0.0142

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0174 0.0172 0.0173
February 0.0178 0.0174 0.0176
March 0.0179 0.0176 0.0177
April 0.0178 0.0170 0.0173
May 0.0170 0.0166 0.0168
June 0.0168 0.0166 0.0167
July 0.0167 0.0166 0.0166
August 0.0167 0.0163 0.0165
September 0.0164 0.0161 0.0163
October 0.0162 0.0156 0.0159
November 0.0157 0.0155 0.0156
December 0.0158 0.0157 0.0157