YEARLY HIGH
409.9261 MNT
YEARLY LOW
171.5394 MNT
YEARLY AVERAGE
330.6348 MNT

2021 TRY to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 409.9261. Conversely, the yearly low was recorded on December 19, dropping to 171.5394.

This high-to-low spread represents a total annual volatility of 238.3867 MNT. From a start-to-finish perspective, comparing the January average rate of 385.6750 to the December average rate of 215.1956, the exchange rate registered a net change of -44.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 409.9261 was down 11.21% compared to the 2020 peak of 461.6825, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 20,496,305 MNT
2020 Average 20,150,024 MNT
Yearly Trough Low 8,576,968 MNT
Transaction Impact: A difference of 11,919,337.16 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

420.4380
196.5372
JanuMarcMayJulySeptNove

TRY 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 362.8011, compared to 298.4684 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 64.3327 points.

H1 Avg (Jan–Jun) 362.8011
H2 Avg (Jul–Dec) 298.4684

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 96.0606 MNT (High: 267.5999 / Low: 171.5394). On the other end, July was the most stable month, with a tight range of 9.1868 MNT (High: 337.1407 / Low: 327.9539).

December Spread (Volatile) ±96.0606
July Spread (Stable) ±9.1868

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 52.0596 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -52.0596

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 401.7796) against the same month in 2020 (average: 452.7876), the exchange rate shifted by -51.0080 (-11.27%).

2021 Avg (February) 401.7796
2020 Avg (February) 452.7876

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 392.0522 381.6389 385.6750
February 409.9261 383.8708 401.7796
March 394.4710 342.7194 371.1402
April 354.8540 338.6222 348.6282
May 346.0959 332.3273 339.8537
June 339.5379 324.2459 329.7300
July 337.1407 327.9539 331.5649
August 341.8944 329.3437 336.3694
September 343.1737 318.1978 331.7000
October 321.6258 293.3653 308.7255
November 298.7756 211.3471 267.2552
December 267.5999 171.5394 215.1956