YEARLY HIGH
2.1586 MNT
YEARLY LOW
1.4491 MNT
YEARLY AVERAGE
1.7913 MNT

2021 MMK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 2.1586. Conversely, the yearly low was recorded on October 7, dropping to 1.4491.

This high-to-low spread represents a total annual volatility of 0.7095 MNT. From a start-to-finish perspective, comparing the January average rate of 2.1450 to the December average rate of 1.6056, the exchange rate registered a net change of -25.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1586 was down 3.51% compared to the 2020 peak of 2.2372, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,793 MNT
2020 Average 10,228 MNT
Yearly Trough Low 7,245 MNT
Transaction Impact: A difference of 3,547.67 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.2084
1.4471
JanuMarcMayJulySeptNove

MMK 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 1.9509, compared to 1.6317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3192 points.

H1 Avg (Jan–Jun) 1.9509
H2 Avg (Jul–Dec) 1.6317

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.2107 MNT (High: 1.7278 / Low: 1.5171). On the other end, June was the most stable month, with a tight range of 0.0051 MNT (High: 1.7327 / Low: 1.7276).

September Spread (Volatile) ±0.2107
June Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1991 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1991

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.1450) against the same month in 2020 (average: 1.8408), the exchange rate shifted by +0.3042 (+16.53%).

2021 Avg (January) 2.1450
2020 Avg (January) 1.8408

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1586 2.1360 2.1450
February 2.1511 2.0212 2.0368
March 2.0291 2.0178 2.0227
April 2.0327 1.8299 1.9852
May 1.8443 1.7311 1.7861
June 1.7327 1.7276 1.7298
July 1.7376 1.7292 1.7318
August 1.7378 1.7253 1.7327
September 1.7278 1.5171 1.6126
October 1.5890 1.4491 1.5105
November 1.6160 1.5606 1.5971
December 1.6125 1.5952 1.6056