YEARLY HIGH
0.0033 NOK
YEARLY LOW
0.0029 NOK
YEARLY AVERAGE
0.0031 NOK

2022 MNT to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MNT to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0033. Conversely, the yearly low was recorded on December 1, dropping to 0.0029.

This high-to-low spread represents a total annual volatility of 0.0005 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0031 to the December average rate of 0.0029, the exchange rate registered a net change of -6.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0033 was up 3.65% compared to the 2021 peak of 0.0032, 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 17 NOK
2021 Average 15 NOK
Yearly Trough Low 14 NOK
Transaction Impact: A difference of 2.41 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0032
0.0029
JanuMarcMayJulySeptNove

MNT to NOK 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 0.0031, compared to 0.0031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0031
H2 Avg (Jul–Dec) 0.0031

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.0003 NOK (High: 0.0033 / Low: 0.0030). On the other end, December was the most stable month, with a tight range of 0.0001 NOK (High: 0.0029 / Low: 0.0029).

October Spread (Volatile) ±0.0003
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and July, 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 October and November, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0032) against the same month in 2021 (average: 0.0030), the exchange rate shifted by +0.0001 (+4.33%).

2022 Avg (September) 0.0032
2021 Avg (September) 0.0030

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0031 0.0030 0.0031
February 0.0031 0.0030 0.0031
March 0.0031 0.0030 0.0031
April 0.0031 0.0029 0.0030
May 0.0032 0.0030 0.0031
June 0.0032 0.0030 0.0031
July 0.0033 0.0031 0.0032
August 0.0031 0.0030 0.0031
September 0.0033 0.0031 0.0032
October 0.0033 0.0030 0.0032
November 0.0031 0.0029 0.0030
December 0.0029 0.0029 0.0029