YEARLY HIGH
711.9184 MNT
YEARLY LOW
672.6765 MNT
YEARLY AVERAGE
688.3106 MNT

2021 MYR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 711.9184. Conversely, the yearly low was recorded on July 21, dropping to 672.6765.

This high-to-low spread represents a total annual volatility of 39.2419 MNT. From a start-to-finish perspective, comparing the January average rate of 706.6547 to the December average rate of 678.7119, the exchange rate registered a net change of -3.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 711.9184 was up 0.55% compared to the 2020 peak of 708.0328, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 14,238,368 MNT
2020 Average 13,376,089 MNT
Yearly Trough Low 13,453,530 MNT
Transaction Impact: A difference of 784,837.63 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

709.7318
672.8065
JanuMarcMayJulySeptNove

MYR 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 696.1380, compared to 680.4831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.6549 points.

H1 Avg (Jan–Jun) 696.1380
H2 Avg (Jul–Dec) 680.4831

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 15.4091 MNT (High: 703.1185 / Low: 687.7094). On the other end, April was the most stable month, with a tight range of 7.4401 MNT (High: 696.0875 / Low: 688.6474).

March Spread (Volatile) ±15.4091
April Spread (Stable) ±7.4401

Growth Streaks & Declines

Trends

Between August and October, 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 February and March, when the average rate fell by 11.2584 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -11.2584

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 706.6547) against the same month in 2020 (average: 662.8357), the exchange rate shifted by +43.8190 (+6.61%).

2021 Avg (January) 706.6547
2020 Avg (January) 662.8357

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 711.9184 704.2571 706.6547
February 708.1668 700.6902 704.9226
March 703.1185 687.7094 693.6642
April 696.0875 688.6474 691.7302
May 696.0875 687.3916 690.9738
June 693.1929 684.3779 688.8825
July 686.2686 672.6765 678.3073
August 683.9369 672.7299 675.8836
September 687.3264 677.3092 682.1428
October 688.7207 680.0583 684.6076
November 688.2244 673.4039 683.2455
December 685.3551 674.6772 678.7119