2021 QAR to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 QAR to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the QAR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 786.0580. Conversely, the yearly low was recorded on August 2, dropping to 769.8294.
This high-to-low spread represents a total annual volatility of 16.2286 MNT. From a start-to-finish perspective, comparing the January average rate of 783.5594 to the December average rate of 785.0973, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 786.0580 was down 0.42% compared to the 2020 peak of 789.4079, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
QAR 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 783.0449, compared to 781.9279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1170 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was August, with a trading range of 14.7316 MNT (High: 784.5610 / Low: 769.8294). On the other end, February was the most stable month, with a tight range of 1.3802 MNT (High: 784.2415 / Low: 782.8613).
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 July and August, when the average rate fell by 1.9010 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 785.0973) against the same month in 2020 (average: 783.4285), the exchange rate shifted by +1.6688 (+0.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 784.8300 | 780.1391 | 783.5594 |
| February | 784.2415 | 782.8613 | 783.6316 |
| March | 784.9424 | 781.1636 | 782.9189 |
| April | 785.6232 | 782.0574 | 783.5313 |
| May | 784.1596 | 780.2729 | 782.8411 |
| June | 783.0147 | 778.9398 | 781.7869 |
| July | 783.2434 | 770.5208 | 781.5510 |
| August | 784.5610 | 769.8294 | 779.6500 |
| September | 784.2085 | 770.6766 | 778.4403 |
| October | 783.5408 | 776.7356 | 782.6132 |
| November | 785.3431 | 780.6893 | 784.2155 |
| December | 786.0580 | 783.0081 | 785.0973 |