2021 MVR to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MVR to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MVR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 185.7579. Conversely, the yearly low was recorded on June 9, dropping to 183.7185.
This high-to-low spread represents a total annual volatility of 2.0395 MNT. From a start-to-finish perspective, comparing the January average rate of 185.2695 to the December average rate of 185.1529, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 185.7579 was down 0.42% compared to the 2020 peak of 186.5402, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
MVR to MNT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 184.8412, compared to 184.7036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1376 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was June, with a trading range of 1.8777 MNT (High: 185.5961 / Low: 183.7185). On the other end, February was the most stable month, with a tight range of 0.4579 MNT (High: 185.4044 / Low: 184.9465).
Growth Streaks & Declines
TrendsBetween 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 May and June, when the average rate fell by 0.5567 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 185.1529) against the same month in 2020 (average: 185.1023), the exchange rate shifted by +0.0506 (+0.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 185.5380 | 184.3666 | 185.2695 |
| February | 185.4044 | 184.9465 | 185.1986 |
| March | 185.2978 | 184.0077 | 184.6984 |
| April | 185.1186 | 184.1024 | 184.5940 |
| May | 185.7216 | 183.9266 | 184.9217 |
| June | 185.5961 | 183.7185 | 184.3650 |
| July | 185.2431 | 184.4781 | 184.9261 |
| August | 185.4799 | 184.0198 | 184.5605 |
| September | 184.7149 | 183.7694 | 184.0893 |
| October | 184.8720 | 184.2737 | 184.5474 |
| November | 185.6009 | 184.4756 | 184.9456 |
| December | 185.7579 | 184.7611 | 185.1529 |