2022 PGK to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 PGK to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the PGK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 973.2660. Conversely, the yearly low was recorded on February 12, dropping to 805.2684.
This high-to-low spread represents a total annual volatility of 167.9976 MNT. From a start-to-finish perspective, comparing the January average rate of 811.8456 to the December average rate of 966.1467, the exchange rate registered a net change of 19.01% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 973.2660 was up 19.42% compared to the 2021 peak of 815.0121, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
PGK 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 840.3105, compared to 930.4444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 90.1340 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was October, with a trading range of 40.7545 MNT (High: 964.9778 / Low: 924.2233). On the other end, January was the most stable month, with a tight range of 10.2868 MNT (High: 816.9323 / Low: 806.6455).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 965.7403) against the same month in 2021 (average: 810.4045), the exchange rate shifted by +155.3358 (+19.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 816.9323 | 806.6455 | 811.8456 |
| February | 818.8526 | 805.2684 | 813.7793 |
| March | 825.5702 | 809.4373 | 818.9880 |
| April | 858.7497 | 820.7372 | 846.0892 |
| May | 884.9189 | 856.9331 | 873.1540 |
| June | 887.8437 | 863.3679 | 878.0067 |
| July | 894.4850 | 878.0674 | 885.8077 |
| August | 911.5185 | 893.4660 | 903.6963 |
| September | 929.5301 | 905.3389 | 915.8872 |
| October | 964.9778 | 924.2233 | 945.3885 |
| November | 973.2660 | 953.9803 | 965.7403 |
| December | 969.2647 | 951.4207 | 966.1467 |