YEARLY HIGH
0.7026 BIF
YEARLY LOW
0.6796 BIF
YEARLY AVERAGE
0.6924 BIF

2021 MNT to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MNT to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 17, valuing the pair at 0.7026. Conversely, the yearly low was recorded on January 18, dropping to 0.6796.

This high-to-low spread represents a total annual volatility of 0.0230 BIF. From a start-to-finish perspective, comparing the January average rate of 0.6821 to the December average rate of 0.6988, the exchange rate registered a net change of 2.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7026 was up 0.49% compared to the 2020 peak of 0.6992, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,513 BIF
2020 Average 3,409 BIF
Yearly Trough Low 3,398 BIF
Transaction Impact: A difference of 114.85 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7016
0.6803
JanuMarcMayJulySeptNove

MNT to BIF 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 0.6870, compared to 0.6978 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0108 points.

H1 Avg (Jan–Jun) 0.6870
H2 Avg (Jul–Dec) 0.6978

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0097 BIF (High: 0.6905 / Low: 0.6808). On the other end, July was the most stable month, with a tight range of 0.0040 BIF (High: 0.6972 / Low: 0.6932).

April Spread (Volatile) ±0.0097
July Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0011 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 0.6999) against the same month in 2020 (average: 0.6753), the exchange rate shifted by +0.0246 (+3.64%).

2021 Avg (September) 0.6999
2020 Avg (September) 0.6753

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6865 0.6796 0.6821
February 0.6875 0.6802 0.6837
March 0.6906 0.6815 0.6857
April 0.6905 0.6808 0.6850
May 0.6936 0.6851 0.6907
June 0.6971 0.6927 0.6948
July 0.6972 0.6932 0.6955
August 0.6981 0.6936 0.6956
September 0.7026 0.6980 0.6999
October 0.7016 0.6968 0.6990
November 0.7002 0.6961 0.6980
December 0.7016 0.6954 0.6988