YEARLY HIGH
0.0057 ZAR
YEARLY LOW
0.0047 ZAR
YEARLY AVERAGE
0.0052 ZAR

2021 MNT to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MNT to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.0057. Conversely, the yearly low was recorded on June 6, dropping to 0.0047.

This high-to-low spread represents a total annual volatility of 0.0010 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0053 to the December average rate of 0.0056, the exchange rate registered a net change of 4.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0057 was down 17.85% compared to the 2020 peak of 0.0069, 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 28 ZAR
2020 Average 29 ZAR
Yearly Trough Low 24 ZAR
Transaction Impact: A difference of 4.93 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0056
0.0048
JanuMarcMayJulySeptNove

MNT to ZAR 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 0.0051, compared to 0.0053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0051
H2 Avg (Jul–Dec) 0.0053

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0005 ZAR (High: 0.0057 / Low: 0.0052). On the other end, April was the most stable month, with a tight range of 0.0002 ZAR (High: 0.0051 / Low: 0.0050).

November Spread (Volatile) ±0.0005
April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, 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 (November 2021: 0.0054) against the same month in 2020 (average: 0.0055), the exchange rate shifted by -0.0000 (-0.07%).

2021 Avg (November) 0.0054
2020 Avg (November) 0.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0054 0.0051 0.0053
February 0.0053 0.0051 0.0052
March 0.0054 0.0051 0.0053
April 0.0051 0.0050 0.0051
May 0.0051 0.0048 0.0049
June 0.0050 0.0047 0.0049
July 0.0052 0.0050 0.0051
August 0.0054 0.0050 0.0052
September 0.0053 0.0050 0.0051
October 0.0053 0.0051 0.0052
November 0.0057 0.0052 0.0054
December 0.0057 0.0054 0.0056