2022 MNT to NGN Historical Review

YEARLY HIGH

0.1462 NGN

YEARLY LOW

0.1289 NGN

YEARLY AVERAGE

0.1360 NGN

2022 MNT to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MNT to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 0.1462. Conversely, the yearly low was recorded on November 6, dropping to 0.1289.

This high-to-low spread represents a total annual volatility of 0.0173 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1447 to the December average rate of 0.1307, the exchange rate registered a net change of -9.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1462 was up 0.64% compared to the 2021 peak of 0.1453, 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 731 NGN

2021 Average 707 NGN

Yearly Trough Low 645 NGN

Transaction Impact: A difference of 86.48 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1468

0.1283

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 0.1403, compared to 0.1316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 0.1403

H2 Avg (Jul–Dec) 0.1316

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0065 NGN (High: 0.1440 / Low: 0.1375). On the other end, December was the most stable month, with a tight range of 0.0016 NGN (High: 0.1317 / Low: 0.1302).

April Spread (Volatile) ±0.0065

December Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0047 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.1453) against the same month in 2021 (average: 0.1367), the exchange rate shifted by +0.0086 (+6.31%).

2022 Avg (February) 0.1453

2021 Avg (February) 0.1367

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1454	0.1437	0.1447
February	0.1462	0.1446	0.1453
March	0.1457	0.1434	0.1443
April	0.1440	0.1375	0.1396
May	0.1366	0.1336	0.1348
June	0.1347	0.1327	0.1334
July	0.1352	0.1318	0.1333
August	0.1334	0.1311	0.1322
September	0.1350	0.1315	0.1328
October	0.1333	0.1290	0.1308
November	0.1305	0.1289	0.1299
December	0.1317	0.1302	0.1307