YEARLY HIGH
1.4715 MNT
YEARLY LOW
1.4234 MNT
YEARLY AVERAGE
1.4444 MNT

2021 BIF to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BIF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 1.4715. Conversely, the yearly low was recorded on September 25, dropping to 1.4234.

This high-to-low spread represents a total annual volatility of 0.0481 MNT. From a start-to-finish perspective, comparing the January average rate of 1.4661 to the December average rate of 1.4310, the exchange rate registered a net change of -2.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.4715 was down 1.14% compared to the 2020 peak of 1.4885, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,357 MNT
2020 Average 7,334 MNT
Yearly Trough Low 7,117 MNT
Transaction Impact: A difference of 240.54 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.4698
1.4251
JanuMarcMayJulySeptNove

BIF 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 1.4557, compared to 1.4331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0226 points.

H1 Avg (Jan–Jun) 1.4557
H2 Avg (Jul–Dec) 1.4331

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0206 MNT (High: 1.4689 / Low: 1.4482). On the other end, July was the most stable month, with a tight range of 0.0083 MNT (High: 1.4426 / Low: 1.4343).

April Spread (Volatile) ±0.0206
July Spread (Stable) ±0.0083

Growth Streaks & Declines

Trends

Between September and November, 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 0.0121 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.4661) against the same month in 2020 (average: 1.4342), the exchange rate shifted by +0.0319 (+2.22%).

2021 Avg (January) 1.4661
2020 Avg (January) 1.4342

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4715 1.4567 1.4661
February 1.4702 1.4544 1.4627
March 1.4673 1.4481 1.4583
April 1.4689 1.4482 1.4599
May 1.4596 1.4417 1.4478
June 1.4435 1.4344 1.4392
July 1.4426 1.4343 1.4379
August 1.4417 1.4325 1.4376
September 1.4326 1.4234 1.4289
October 1.4352 1.4253 1.4305
November 1.4365 1.4281 1.4328
December 1.4380 1.4253 1.4310