2021 MNT to TRY Historical Review

YEARLY HIGH

0.0058 TRY

YEARLY LOW

0.0024 TRY

YEARLY AVERAGE

0.0031 TRY

2021 MNT to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MNT to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0058. Conversely, the yearly low was recorded on February 20, dropping to 0.0024.

This high-to-low spread represents a total annual volatility of 0.0034 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0026 to the December average rate of 0.0047, the exchange rate registered a net change of 81.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0058 was up 94.46% compared to the 2020 peak of 0.0030, 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 29 TRY

2020 Average 12 TRY

Yearly Trough Low 12 TRY

Transaction Impact: A difference of 16.95 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0049

0.0023

JanuMarcMayJulySeptNove

MNT to TRY 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 0.0028, compared to 0.0035 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) 0.0028

H2 Avg (Jul–Dec) 0.0035

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0021 TRY (High: 0.0058 / Low: 0.0037). On the other end, January was the most stable month, with a tight range of 0.0001 TRY (High: 0.0026 / Low: 0.0026).

December Spread (Volatile) ±0.0021

January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0047) against the same month in 2020 (average: 0.0027), the exchange rate shifted by +0.0020 (+74.40%).

2021 Avg (December) 0.0047

2020 Avg (December) 0.0027

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0026	0.0026	0.0026
February	0.0026	0.0024	0.0025
March	0.0029	0.0025	0.0027
April	0.0030	0.0028	0.0029
May	0.0030	0.0029	0.0029
June	0.0031	0.0029	0.0030
July	0.0030	0.0030	0.0030
August	0.0030	0.0029	0.0030
September	0.0031	0.0029	0.0030
October	0.0034	0.0031	0.0032
November	0.0047	0.0033	0.0038
December	0.0058	0.0037	0.0047