2022 MNT to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MNT to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MNT to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 14.7883. Conversely, the yearly low was recorded on December 14, dropping to 12.1369.
This high-to-low spread represents a total annual volatility of 2.6514 IRR. From a start-to-finish perspective, comparing the January average rate of 14.7748 to the December average rate of 12.2453, the exchange rate registered a net change of -17.12% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 14.7883 was down 0.62% compared to the 2021 peak of 14.8804, 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 2022.
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 14.2870, compared to 12.8874 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3997 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was April, with a trading range of 0.5978 IRR (High: 14.6148 / Low: 14.0169). On the other end, January was the most stable month, with a tight range of 0.0190 IRR (High: 14.7883 / Low: 14.7693).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.4675 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 14.7748) against the same month in 2021 (average: 14.7540), the exchange rate shifted by +0.0207 (+0.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.7883 | 14.7693 | 14.7748 |
| February | 14.7789 | 14.6993 | 14.7530 |
| March | 14.7365 | 14.5803 | 14.6625 |
| April | 14.6148 | 14.0169 | 14.2100 |
| May | 13.9261 | 13.6147 | 13.7425 |
| June | 13.6538 | 13.5090 | 13.5795 |
| July | 13.5423 | 13.4339 | 13.4774 |
| August | 13.3829 | 13.1922 | 13.2925 |
| September | 13.2335 | 12.9128 | 13.1268 |
| October | 12.9457 | 12.5427 | 12.7173 |
| November | 12.5315 | 12.4157 | 12.4649 |
| December | 12.4524 | 12.1369 | 12.2453 |