YEARLY HIGH
0.0427 NPR
YEARLY LOW
0.0405 NPR
YEARLY AVERAGE
0.0414 NPR

2021 MNT to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MNT to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.0427. Conversely, the yearly low was recorded on March 28, dropping to 0.0405.

This high-to-low spread represents a total annual volatility of 0.0022 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0410 to the December average rate of 0.0422, the exchange rate registered a net change of 2.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0427 was down 3.37% compared to the 2020 peak of 0.0442, 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 214 NPR
2020 Average 211 NPR
Yearly Trough Low 203 NPR
Transaction Impact: A difference of 11.04 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0423
0.0406
JanuMarcMayJulySeptNove

MNT to NPR 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 0.0411, compared to 0.0418 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0411
H2 Avg (Jul–Dec) 0.0418

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0015 NPR (High: 0.0423 / Low: 0.0409). On the other end, July was the most stable month, with a tight range of 0.0003 NPR (High: 0.0420 / Low: 0.0417).

April Spread (Volatile) ±0.0015
July Spread (Stable) ±0.0003

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 April and May, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0422) against the same month in 2020 (average: 0.0413), the exchange rate shifted by +0.0009 (+2.11%).

2021 Avg (December) 0.0422
2020 Avg (December) 0.0413

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0412 0.0408 0.0410
February 0.0410 0.0406 0.0408
March 0.0413 0.0405 0.0408
April 0.0423 0.0409 0.0417
May 0.0418 0.0407 0.0411
June 0.0418 0.0409 0.0413
July 0.0420 0.0417 0.0418
August 0.0418 0.0410 0.0416
September 0.0418 0.0411 0.0414
October 0.0424 0.0417 0.0420
November 0.0421 0.0415 0.0417
December 0.0427 0.0416 0.0422