YEARLY HIGH
0.0180 PHP
YEARLY LOW
0.0167 PHP
YEARLY AVERAGE
0.0173 PHP

2021 MNT to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MNT to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 0.0180. Conversely, the yearly low was recorded on May 9, dropping to 0.0167.

This high-to-low spread represents a total annual volatility of 0.0013 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0168 to the December average rate of 0.0176, the exchange rate registered a net change of 4.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0180 was down 4.85% compared to the 2020 peak of 0.0189, 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 90 PHP
2020 Average 88 PHP
Yearly Trough Low 83 PHP
Transaction Impact: A difference of 6.74 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0179
0.0167
JanuMarcMayJulySeptNove

MNT to PHP 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 0.0169, compared to 0.0176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0169
H2 Avg (Jul–Dec) 0.0176

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.0007 PHP (High: 0.0178 / Low: 0.0171). On the other end, April was the most stable month, with a tight range of 0.0001 PHP (High: 0.0170 / Low: 0.0169).

August Spread (Volatile) ±0.0007
April Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and October, 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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 0.0177) against the same month in 2020 (average: 0.0170), the exchange rate shifted by +0.0007 (+4.16%).

2021 Avg (September) 0.0177
2020 Avg (September) 0.0170

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0169 0.0168 0.0168
February 0.0172 0.0168 0.0169
March 0.0171 0.0169 0.0170
April 0.0170 0.0169 0.0170
May 0.0169 0.0167 0.0168
June 0.0171 0.0167 0.0169
July 0.0179 0.0172 0.0176
August 0.0178 0.0171 0.0176
September 0.0180 0.0175 0.0177
October 0.0179 0.0176 0.0178
November 0.0177 0.0174 0.0176
December 0.0179 0.0174 0.0176