2021 NPR to MNT Historical Review

YEARLY HIGH

24.6790 MNT

YEARLY LOW

23.4039 MNT

YEARLY AVERAGE

24.1319 MNT

2021 NPR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 24.6790. Conversely, the yearly low was recorded on December 15, dropping to 23.4039.

This high-to-low spread represents a total annual volatility of 1.2751 MNT. From a start-to-finish perspective, comparing the January average rate of 24.3980 to the December average rate of 23.7188, the exchange rate registered a net change of -2.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 24.6790 was up 0.59% compared to the 2020 peak of 24.5332, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NPR based on timing:

Yearly Peak High 123,395 MNT

2020 Average 118,507 MNT

Yearly Trough Low 117,020 MNT

Transaction Impact: A difference of 6,375.33 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

24.6186

23.6370

JanuMarcMayJulySeptNove

NPR 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 24.3290, compared to 23.9349 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3941 points.

H1 Avg (Jan–Jun) 24.3290

H2 Avg (Jul–Dec) 23.9349

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.8443 MNT (High: 24.4732 / Low: 23.6288). On the other end, July was the most stable month, with a tight range of 0.1696 MNT (High: 23.9872 / Low: 23.8176).

April Spread (Volatile) ±0.8443

July Spread (Stable) ±0.1696

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.5274 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5274

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 24.5171) against the same month in 2020 (average: 23.2072), the exchange rate shifted by +1.3100 (+5.64%).

2021 Avg (March) 24.5171

2020 Avg (March) 23.2072

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	24.5216	24.2803	24.3980
February	24.6521	24.3772	24.5368
March	24.6790	24.2344	24.5171
April	24.4732	23.6288	23.9897
May	24.5897	23.9327	24.3381
June	24.4479	23.9401	24.1943
July	23.9872	23.8176	23.9197
August	24.3755	23.9288	24.0444
September	24.3409	23.9252	24.1542
October	24.0048	23.5764	23.7938
November	24.1242	23.7548	23.9784
December	24.0405	23.4039	23.7188