YEARLY HIGH
2541.4000 MNT
YEARLY LOW
2101.8900 MNT
YEARLY AVERAGE
2264.7896 MNT

2022 SGD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2541.4000. Conversely, the yearly low was recorded on January 6, dropping to 2101.8900.

This high-to-low spread represents a total annual volatility of 439.5100 MNT. From a start-to-finish perspective, comparing the January average rate of 2117.6832 to the December average rate of 2519.6282, the exchange rate registered a net change of 18.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2541.4000 was up 17.32% compared to the 2021 peak of 2166.1213, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,707,000 MNT
2021 Average 10,610,293 MNT
Yearly Trough Low 10,509,450 MNT
Transaction Impact: A difference of 2,197,549.88 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2559.8227
2077.4887
JanuMarcMayJulySeptNove

SGD 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 2171.1580, compared to 2358.4212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 187.2632 points.

H1 Avg (Jan–Jun) 2171.1580
H2 Avg (Jul–Dec) 2358.4212

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 129.0020 MNT (High: 2506.2973 / Low: 2377.2953). On the other end, February was the most stable month, with a tight range of 25.2362 MNT (High: 2133.6075 / Low: 2108.3714).

November Spread (Volatile) ±129.0020
February Spread (Stable) ±25.2362

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 17.3832 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -17.3832

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 2519.6282) against the same month in 2021 (average: 2096.7119), the exchange rate shifted by +422.9163 (+20.17%).

2022 Avg (December) 2519.6282
2021 Avg (December) 2096.7119

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2128.1940 2101.8900 2117.6832
February 2133.6075 2108.3714 2125.8433
March 2142.3454 2103.6590 2122.2133
April 2222.3520 2131.6149 2180.9946
May 2271.7536 2183.3078 2228.7621
June 2265.8558 2231.0668 2251.4513
July 2282.3849 2230.5551 2253.2981
August 2330.5599 2285.1397 2300.1282
September 2301.5768 2251.5336 2282.7451
October 2400.9882 2276.6573 2339.6683
November 2506.2973 2377.2953 2455.0592
December 2541.4000 2504.2009 2519.6282