YEARLY HIGH
0.1308 NGN
YEARLY LOW
0.1171 NGN
YEARLY AVERAGE
0.1241 NGN

2011 MNT to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MNT to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.1308. Conversely, the yearly low was recorded on December 31, dropping to 0.1171.

This high-to-low spread represents a total annual volatility of 0.0136 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1226 to the December average rate of 0.1191, the exchange rate registered a net change of -2.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1308 was up 2.98% compared to the 2010 peak of 0.1270, 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 654 NGN
2010 Average 560 NGN
Yearly Trough Low 586 NGN
Transaction Impact: A difference of 68.25 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1281
0.1182
JanuMarcMayJulySeptNove

MNT to NGN 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 0.1251, compared to 0.1230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1251
H2 Avg (Jul–Dec) 0.1230

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0086 NGN (High: 0.1282 / Low: 0.1197). On the other end, February was the most stable month, with a tight range of 0.0018 NGN (High: 0.1235 / Low: 0.1217).

August Spread (Volatile) ±0.0086
February Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between February and April, 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 October and November, when the average rate fell by 0.0030 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2011: 0.1267) against the same month in 2010 (average: 0.1060), the exchange rate shifted by +0.0207 (+19.54%).

2011 Avg (March) 0.1267
2010 Avg (March) 0.1060

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1245 0.1197 0.1226
February 0.1235 0.1217 0.1225
March 0.1308 0.1230 0.1267
April 0.1297 0.1219 0.1273
May 0.1301 0.1222 0.1270
June 0.1264 0.1208 0.1244
July 0.1236 0.1207 0.1225
August 0.1282 0.1197 0.1250
September 0.1258 0.1237 0.1247
October 0.1283 0.1216 0.1250
November 0.1232 0.1201 0.1220
December 0.1210 0.1171 0.1191