YEARLY HIGH
1.3985 MGA
YEARLY LOW
1.3005 MGA
YEARLY AVERAGE
1.3512 MGA

2021 MNT to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MNT to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 1.3985. Conversely, the yearly low was recorded on February 8, dropping to 1.3005.

This high-to-low spread represents a total annual volatility of 0.0981 MGA. From a start-to-finish perspective, comparing the January average rate of 1.3342 to the December average rate of 1.3878, the exchange rate registered a net change of 4.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.3985 was down 0.08% compared to the 2020 peak of 1.3997, 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 6,993 MGA
2020 Average 6,783 MGA
Yearly Trough Low 6,502 MGA
Transaction Impact: A difference of 490.35 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.4006
1.3112
JanuMarcMayJulySeptNove

MNT to MGA 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 1.3252, compared to 1.3772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0519 points.

H1 Avg (Jan–Jun) 1.3252
H2 Avg (Jul–Dec) 1.3772

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0626 MGA (High: 1.3782 / Low: 1.3156). On the other end, November was the most stable month, with a tight range of 0.0099 MGA (High: 1.3971 / Low: 1.3872).

January Spread (Volatile) ±0.0626
November Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0156 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 1.3827) against the same month in 2020 (average: 1.3497), the exchange rate shifted by +0.0330 (+2.44%).

2021 Avg (September) 1.3827
2020 Avg (September) 1.3497

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3782 1.3156 1.3342
February 1.3283 1.3005 1.3187
March 1.3329 1.3088 1.3235
April 1.3357 1.3196 1.3285
May 1.3386 1.3141 1.3191
June 1.3572 1.3150 1.3275
July 1.3763 1.3213 1.3470
August 1.3797 1.3297 1.3642
September 1.3985 1.3709 1.3827
October 1.3942 1.3742 1.3881
November 1.3971 1.3872 1.3931
December 1.3962 1.3651 1.3878