2012 NGN to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2012.
2012 NGN to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2012
During 2012, the NGN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 8.9592. Conversely, the yearly low was recorded on June 12, dropping to 8.0518.
This high-to-low spread represents a total annual volatility of 0.9075 MNT. From a start-to-finish perspective, comparing the January average rate of 8.6519 to the December average rate of 8.8566, the exchange rate registered a net change of 2.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2012 high of 8.9592 was up 4.92% compared to the 2011 peak of 8.5393, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2012.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 8.3654, compared to 8.7436 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3782 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2012 was July, with a trading range of 0.5036 MNT (High: 8.6543 / Low: 8.1506). On the other end, April was the most stable month, with a tight range of 0.0832 MNT (High: 8.3683 / Low: 8.2851).
Growth Streaks & Declines
TrendsBetween June and September, 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 January and February, when the average rate fell by 0.2238 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2012: 8.8893) against the same month in 2011 (average: 8.0197), the exchange rate shifted by +0.8697 (+10.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.8599 | 8.4522 | 8.6519 |
| February | 8.5071 | 8.3340 | 8.4282 |
| March | 8.4124 | 8.3214 | 8.3688 |
| April | 8.3683 | 8.2851 | 8.3185 |
| May | 8.3530 | 8.2168 | 8.2932 |
| June | 8.2173 | 8.0518 | 8.1317 |
| July | 8.6543 | 8.1506 | 8.2891 |
| August | 8.9143 | 8.5665 | 8.7749 |
| September | 8.9592 | 8.7707 | 8.8893 |
| October | 8.9258 | 8.7282 | 8.7993 |
| November | 8.9026 | 8.7721 | 8.8524 |
| December | 8.9222 | 8.7705 | 8.8566 |