YEARLY HIGH
3.6101 GNF
YEARLY LOW
3.2526 GNF
YEARLY AVERAGE
3.4518 GNF

2021 MNT to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MNT to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 3.6101. Conversely, the yearly low was recorded on December 17, dropping to 3.2526.

This high-to-low spread represents a total annual volatility of 0.3575 GNF. From a start-to-finish perspective, comparing the January average rate of 3.5759 to the December average rate of 3.2929, the exchange rate registered a net change of -7.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.6101 was up 1.55% compared to the 2020 peak of 3.5551, 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 18,050 GNF
2020 Average 17,132 GNF
Yearly Trough Low 16,263 GNF
Transaction Impact: A difference of 1,787.47 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.6042
3.2646
JanuMarcMayJulySeptNove

MNT to GNF 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: JanтАУJun) was 3.5125, compared to 3.3911 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.1214 points.

H1 Avg (JanтАУJun) 3.5125
H2 Avg (JulтАУDec) 3.3911

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.1045 GNF (High: 3.6087 / Low: 3.5043). On the other end, September was the most stable month, with a tight range of 0.0150 GNF (High: 3.4443 / Low: 3.4293).

January Spread (Volatile) ┬▒0.1045
September Spread (Stable) ┬▒0.0150

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0706 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0706

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 3.5649) against the same month in 2020 (average: 3.4482), the exchange rate shifted by +0.1167 (+3.38%).

2021 Avg (February) 3.5649
2020 Avg (February) 3.4482

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Month High Low Average
January 3.6087 3.5043 3.5759
February 3.6101 3.5285 3.5649
March 3.5534 3.5064 3.5313
April 3.5120 3.4699 3.4949
May 3.4883 3.4377 3.4602
June 3.4577 3.4380 3.4478
July 3.4584 3.4247 3.4414
August 3.4470 3.4222 3.4290
September 3.4443 3.4293 3.4408
October 3.4316 3.3778 3.4065
November 3.3743 3.2887 3.3359
December 3.3390 3.2526 3.2929