YEARLY HIGH
2.6288 MNT
YEARLY LOW
2.3750 MNT
YEARLY AVERAGE
2.4928 MNT

2021 KRW to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KRW to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 2.6288. Conversely, the yearly low was recorded on November 8, dropping to 2.3750.

This high-to-low spread represents a total annual volatility of 0.2539 MNT. From a start-to-finish perspective, comparing the January average rate of 2.5952 to the December average rate of 2.4136, the exchange rate registered a net change of -7.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.6288 was down 0.14% compared to the 2020 peak of 2.6326, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,144,089 MNT
2020 Average 11,923,778 MNT
Yearly Trough Low 11,874,776 MNT
Transaction Impact: A difference of 1,269,313.13 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.6140
2.3888
JanuMarcMayJulySeptNove

KRW 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 2.5518, compared to 2.4337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1181 points.

H1 Avg (Jan–Jun) 2.5518
H2 Avg (Jul–Dec) 2.4337

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0850 MNT (High: 2.5854 / Low: 2.5004). On the other end, December was the most stable month, with a tight range of 0.0374 MNT (High: 2.4374 / Low: 2.4000).

March Spread (Volatile) ±0.0850
December Spread (Stable) ±0.0374

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0464 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0464

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.5952) against the same month in 2020 (average: 2.3182), the exchange rate shifted by +0.2770 (+11.95%).

2021 Avg (January) 2.5952
2020 Avg (January) 2.3182

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6288 2.5527 2.5952
February 2.5877 2.5339 2.5660
March 2.5854 2.5004 2.5229
April 2.5738 2.5285 2.5495
May 2.5731 2.5091 2.5413
June 2.5726 2.5062 2.5361
July 2.5227 2.4688 2.4897
August 2.4931 2.4216 2.4575
September 2.4600 2.3894 2.4228
October 2.4416 2.3764 2.4112
November 2.4233 2.3750 2.4076
December 2.4374 2.4000 2.4136