2021 MNT to NGN Historical Review

YEARLY HIGH

0.1453 NGN

YEARLY LOW

0.1330 NGN

YEARLY AVERAGE

0.1414 NGN

2021 MNT to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MNT to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.1453. Conversely, the yearly low was recorded on March 27, dropping to 0.1330.

This high-to-low spread represents a total annual volatility of 0.0123 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1359 to the December average rate of 0.1439, the exchange rate registered a net change of 5.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1453 was up 2.51% compared to the 2020 peak of 0.1417, 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 726 NGN

2020 Average 677 NGN

Yearly Trough Low 665 NGN

Transaction Impact: A difference of 61.52 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1457

0.1350

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 0.1386, compared to 0.1442 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.1386

H2 Avg (Jul–Dec) 0.1442

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0116 NGN (High: 0.1449 / Low: 0.1333). On the other end, July was the most stable month, with a tight range of 0.0007 NGN (High: 0.1445 / Low: 0.1438).

May Spread (Volatile) ±0.0116

July Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 0.1448) against the same month in 2020 (average: 0.1341), the exchange rate shifted by +0.0107 (+7.98%).

2021 Avg (September) 0.1448

2020 Avg (September) 0.1341

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1391	0.1333	0.1359
February	0.1445	0.1331	0.1367
March	0.1443	0.1330	0.1361
April	0.1442	0.1331	0.1370
May	0.1449	0.1333	0.1418
June	0.1450	0.1440	0.1444
July	0.1445	0.1438	0.1443
August	0.1448	0.1439	0.1443
September	0.1453	0.1444	0.1448
October	0.1449	0.1439	0.1442
November	0.1446	0.1434	0.1439
December	0.1447	0.1433	0.1439