2021 MNT to KRW Historical Review

YEARLY HIGH

0.4211 KRW

YEARLY LOW

0.3804 KRW

YEARLY AVERAGE

0.4015 KRW

2021 MNT to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MNT to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.4211. Conversely, the yearly low was recorded on January 2, dropping to 0.3804.

This high-to-low spread represents a total annual volatility of 0.0407 KRW. From a start-to-finish perspective, comparing the January average rate of 0.3854 to the December average rate of 0.4143, the exchange rate registered a net change of 7.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4211 was down 7.82% compared to the 2020 peak of 0.4568, 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 2,105 KRW

2020 Average 2,101 KRW

Yearly Trough Low 1,902 KRW

Transaction Impact: A difference of 203.31 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4184

0.3823

JanuMarcMayJulySeptNove

MNT to KRW 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 0.3919, compared to 0.4110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0191 points.

H1 Avg (Jan–Jun) 0.3919

H2 Avg (Jul–Dec) 0.4110

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0131 KRW (High: 0.3999 / Low: 0.3868). On the other end, December was the most stable month, with a tight range of 0.0064 KRW (High: 0.4167 / Low: 0.4103).

March Spread (Volatile) ±0.0131

December Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between April and November, 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 March and April, when the average rate fell by 0.0041 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.4154) against the same month in 2020 (average: 0.3916), the exchange rate shifted by +0.0237 (+6.06%).

2021 Avg (November) 0.4154

2020 Avg (November) 0.3916

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3917	0.3804	0.3854
February	0.3946	0.3864	0.3897
March	0.3999	0.3868	0.3964
April	0.3955	0.3885	0.3922
May	0.3986	0.3886	0.3935
June	0.3990	0.3887	0.3943
July	0.4050	0.3964	0.4017
August	0.4129	0.4011	0.4070
September	0.4185	0.4065	0.4128
October	0.4208	0.4096	0.4148
November	0.4211	0.4127	0.4154
December	0.4167	0.4103	0.4143