YEARLY HIGH
1285.3298 MNT
YEARLY LOW
1236.9210 MNT
YEARLY AVERAGE
1258.5883 MNT

2021 TOP to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TOP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 1285.3298. Conversely, the yearly low was recorded on February 5, dropping to 1236.9210.

This high-to-low spread represents a total annual volatility of 48.4087 MNT. From a start-to-finish perspective, comparing the January average rate of 1251.1856 to the December average rate of 1251.2013, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1285.3298 was up 1.52% compared to the 2020 peak of 1266.0841, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,426,649 MNT
2020 Average 6,101,629 MNT
Yearly Trough Low 6,184,605 MNT
Transaction Impact: A difference of 242,043.62 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1277.2379
1239.9658
JanuMarcMayJulySeptNove

TOP 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 1256.3545, compared to 1260.8221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4676 points.

H1 Avg (Jan–Jun) 1256.3545
H2 Avg (Jul–Dec) 1260.8221

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 26.8544 MNT (High: 1275.7914 / Low: 1248.9371). On the other end, July was the most stable month, with a tight range of 12.1899 MNT (High: 1268.5940 / Low: 1256.4041).

November Spread (Volatile) ±26.8544
July Spread (Stable) ±12.1899

Growth Streaks & Declines

Trends

Between February and June, 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 November and December, when the average rate fell by 13.7788 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -13.7788

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 1274.1319) against the same month in 2020 (average: 1239.3558), the exchange rate shifted by +34.7761 (+2.81%).

2021 Avg (June) 1274.1319
2020 Avg (June) 1239.3558

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1260.5820 1241.8946 1251.1856
February 1255.4543 1236.9210 1243.0718
March 1260.5365 1239.9966 1250.4920
April 1261.6017 1245.9168 1253.1253
May 1277.6194 1255.0307 1266.1206
June 1285.3298 1262.0400 1274.1319
July 1268.5940 1256.4041 1262.2146
August 1265.2081 1249.4699 1259.8298
September 1269.8353 1250.8051 1261.6545
October 1276.9333 1253.9281 1265.0522
November 1275.7914 1248.9371 1264.9801
December 1257.6230 1244.8962 1251.2013