2019 AFN to MNT Historical Review

YEARLY HIGH

34.6862 MNT

YEARLY LOW

30.1168 MNT

YEARLY AVERAGE

33.0401 MNT

2019 AFN to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the AFN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 34.6862. Conversely, the yearly low was recorded on June 27, dropping to 30.1168.

This high-to-low spread represents a total annual volatility of 4.5694 MNT. From a start-to-finish perspective, comparing the January average rate of 32.5050 to the December average rate of 34.3259, the exchange rate registered a net change of 5.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 34.6862 was down 10.95% compared to the 2018 peak of 38.9526, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 173,431 MNT

2018 Average 168,003 MNT

Yearly Trough Low 150,584 MNT

Transaction Impact: A difference of 22,846.94 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

34.6715

30.5237

JanuMarcMayJulySeptNove

AFN 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 32.1251, compared to 33.9551 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8301 points.

H1 Avg (Jan–Jun) 32.1251

H2 Avg (Jul–Dec) 33.9551

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 2.5387 MNT (High: 32.6555 / Low: 30.1168). On the other end, November was the most stable month, with a tight range of 0.1903 MNT (High: 34.3289 / Low: 34.1387).

June Spread (Volatile) ±2.5387

November Spread (Stable) ±0.1903

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.1845 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.1845

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 34.3259) against the same month in 2018 (average: 32.6016), the exchange rate shifted by +1.7242 (+5.29%).

2019 Avg (December) 34.3259

2018 Avg (December) 32.6016

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.5882	32.3189	32.5050
February	33.7609	32.4785	33.0352
March	33.3083	32.4945	32.9122
April	33.0899	31.6041	32.3066
May	32.1350	30.3960	31.1221
June	32.6555	30.1168	30.8693
July	33.4775	32.6071	33.0931
August	34.4319	33.2127	33.9126
September	34.2103	33.9506	34.0312
October	34.2058	33.7702	34.0910
November	34.3289	34.1387	34.2770
December	34.6862	34.1244	34.3259