2011 SAR to MNT Historical Review

YEARLY HIGH

369.1677 MNT

YEARLY LOW

317.3069 MNT

YEARLY AVERAGE

335.2528 MNT

2011 SAR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SAR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 369.1677. Conversely, the yearly low was recorded on March 30, dropping to 317.3069.

This high-to-low spread represents a total annual volatility of 51.8608 MNT. From a start-to-finish perspective, comparing the January average rate of 331.9268 to the December average rate of 363.7611, the exchange rate registered a net change of 9.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 369.1677 was down 5.99% compared to the 2010 peak of 392.7044, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,845,838 MNT

2010 Average 1,803,691 MNT

Yearly Trough Low 1,586,534 MNT

Transaction Impact: A difference of 259,304.04 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

367.7368

320.0294

JanuMarcMayJulySeptNove

SAR 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 329.5032, compared to 341.0024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.4992 points.

H1 Avg (Jan–Jun) 329.5032

H2 Avg (Jul–Dec) 341.0024

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 17.5287 MNT (High: 335.3736 / Low: 317.8449). On the other end, February was the most stable month, with a tight range of 3.0950 MNT (High: 334.3894 / Low: 331.2944).

April Spread (Volatile) ±17.5287

February Spread (Stable) ±3.0950

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 6.2914 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -6.2914

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 363.7611) against the same month in 2010 (average: 326.3480), the exchange rate shifted by +37.4131 (+11.46%).

2011 Avg (December) 363.7611

2010 Avg (December) 326.3480

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	339.3346	328.1257	331.9268
February	334.3894	331.2944	332.7580
March	332.7163	317.3069	326.4666
April	335.3736	317.8449	324.0050
May	338.0124	321.9968	327.8721
June	336.9474	328.6341	333.9907
July	333.7037	328.4987	331.4470
August	333.7838	324.2124	327.8262
September	337.2485	331.8835	334.2223
October	346.0246	335.9494	341.3480
November	357.4163	343.8851	347.4094
December	369.1677	356.3180	363.7611