2022 SYP to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 SYP to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the SYP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 1.3560. Conversely, the yearly low was recorded on January 12, dropping to 1.1380.
This high-to-low spread represents a total annual volatility of 0.2180 MNT. From a start-to-finish perspective, comparing the January average rate of 1.1386 to the December average rate of 1.3560, the exchange rate registered a net change of 19.09% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 1.3560 was down 75.67% compared to the 2021 peak of 5.5732, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SYP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
SYP 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 1.1798, compared to 1.3060 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1262 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was April, with a trading range of 0.0461 MNT (High: 1.1997 / Low: 1.1536). On the other end, December was the most stable month, with a tight range of 0.0000 MNT (High: 1.3560 / Low: 1.3560).
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: 1.3529) against the same month in 2021 (average: 1.8176), the exchange rate shifted by -0.4647 (-25.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.1387 | 1.1380 | 1.1386 |
| February | 1.1434 | 1.1387 | 1.1403 |
| March | 1.1536 | 1.1434 | 1.1480 |
| April | 1.1997 | 1.1536 | 1.1857 |
| May | 1.2366 | 1.2104 | 1.2257 |
| June | 1.2448 | 1.2352 | 1.2408 |
| July | 1.2532 | 1.2447 | 1.2505 |
| August | 1.2762 | 1.2595 | 1.2675 |
| September | 1.3023 | 1.2752 | 1.2836 |
| October | 1.3454 | 1.3023 | 1.3256 |
| November | 1.3560 | 1.3454 | 1.3529 |
| December | 1.3560 | 1.3560 | 1.3560 |