YEARLY HIGH
9.8297 MNT
YEARLY LOW
7.8760 MNT
YEARLY AVERAGE
8.9575 MNT

2010 NGN to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 9.8297. Conversely, the yearly low was recorded on December 16, dropping to 7.8760.

This high-to-low spread represents a total annual volatility of 1.9537 MNT. From a start-to-finish perspective, comparing the January average rate of 9.6434 to the December average rate of 8.0192, the exchange rate registered a net change of -16.84% (reflecting a weakening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 9,829,660 MNT
Yearly Average 8,957,526 MNT
Yearly Trough Low 7,875,997 MNT
Transaction Impact: A difference of 1,953,663.50 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

9.8059
7.8568
JanuMarcMayJulySeptNove

NGN to MNT 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 9.3322, compared to 8.5829 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7494 points.

H1 Avg (Jan–Jun) 9.3322
H2 Avg (Jul–Dec) 8.5829

Volatility Range Comparison

Volatility

The most volatile month in 2010 was March, with a trading range of 0.6940 MNT (High: 9.6739 / Low: 8.9799). On the other end, June was the most stable month, with a tight range of 0.1507 MNT (High: 9.1986 / Low: 9.0479).

March Spread (Volatile) ±0.6940
June Spread (Stable) ±0.1507

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2010. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3947 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.3947

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 9.6434.

2010 Avg (January) 9.6434
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.8297 9.5364 9.6434
February 9.6282 9.3124 9.5382
March 9.6739 8.9799 9.4360
April 9.2528 9.0265 9.1282
May 9.2368 9.0530 9.1375
June 9.1986 9.0479 9.1099
July 9.1560 8.9943 9.0600
August 8.9943 8.5582 8.7801
September 8.7921 8.5451 8.6726
October 8.6793 8.4653 8.5511
November 8.5325 8.2009 8.4139
December 8.1852 7.8760 8.0192