2021 MNT to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MNT to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MNT to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 14.8804. Conversely, the yearly low was recorded on April 6, dropping to 14.7190.
This high-to-low spread represents a total annual volatility of 0.1613 IRR. From a start-to-finish perspective, comparing the January average rate of 14.7540 to the December average rate of 14.7839, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 14.8804 was down 36.44% compared to the 2020 peak of 23.4105, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MNT based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
MNT to IRR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 14.7661, compared to 14.8026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0365 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was August, with a trading range of 0.0941 IRR (High: 14.8518 / Low: 14.7577). On the other end, May was the most stable month, with a tight range of 0.0123 IRR (High: 14.7810 / Low: 14.7687).
Growth Streaks & Declines
TrendsBetween 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 September and October, when the average rate fell by 0.0404 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2021: 14.8521) against the same month in 2020 (average: 14.7204), the exchange rate shifted by +0.1317 (+0.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.8200 | 14.7336 | 14.7540 |
| February | 14.7769 | 14.7466 | 14.7571 |
| March | 14.8009 | 14.7332 | 14.7672 |
| April | 14.7757 | 14.7190 | 14.7612 |
| May | 14.7810 | 14.7687 | 14.7694 |
| June | 14.8163 | 14.7687 | 14.7878 |
| July | 14.8002 | 14.7644 | 14.7864 |
| August | 14.8518 | 14.7577 | 14.7872 |
| September | 14.8804 | 14.8293 | 14.8521 |
| October | 14.8212 | 14.7904 | 14.8117 |
| November | 14.8142 | 14.7756 | 14.7943 |
| December | 14.8096 | 14.7622 | 14.7839 |