YEARLY HIGH
212.3812 MNT
YEARLY LOW
175.6337 MNT
YEARLY AVERAGE
193.1009 MNT

2021 ZAR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 212.3812. Conversely, the yearly low was recorded on November 27, dropping to 175.6337.

This high-to-low spread represents a total annual volatility of 36.7475 MNT. From a start-to-finish perspective, comparing the January average rate of 188.8252 to the December average rate of 180.0446, the exchange rate registered a net change of -4.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 212.3812 was up 8.12% compared to the 2020 peak of 196.4340, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 10,619,061 MNT
2020 Average 8,575,526 MNT
Yearly Trough Low 8,781,686 MNT
Transaction Impact: A difference of 1,837,374.84 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

207.0546
177.5892
JanuMarcMayJulySeptNove

ZAR 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 196.2605, compared to 189.9413 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.3192 points.

H1 Avg (Jan–Jun) 196.2605
H2 Avg (Jul–Dec) 189.9413

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 15.5340 MNT (High: 191.1677 / Low: 175.6337). On the other end, April was the most stable month, with a tight range of 6.3323 MNT (High: 201.2428 / Low: 194.9105).

November Spread (Volatile) ±15.5340
April Spread (Stable) ±6.3323

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 8.1230 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -8.1230

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 204.5991) against the same month in 2020 (average: 164.3937), the exchange rate shifted by +40.2054 (+24.46%).

2021 Avg (June) 204.5991
2020 Avg (June) 164.3937

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 194.7897 184.1097 188.8252
February 197.4007 188.5767 193.2159
March 194.6266 183.6958 190.3040
April 201.2428 194.9105 197.7546
May 207.7620 196.6738 202.8641
June 212.3812 198.2343 204.5991
July 201.1192 191.8521 196.4761
August 199.0837 186.4193 192.8310
September 200.7124 187.1439 195.0051
October 197.9260 187.0511 191.6114
November 191.1677 175.6337 183.6794
December 184.1675 176.8935 180.0446