2020 AFN to MNT Historical Review

YEARLY HIGH

37.3991 MNT

YEARLY LOW

34.5712 MNT

YEARLY AVERAGE

36.5425 MNT

2020 AFN to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AFN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 37.3991. Conversely, the yearly low was recorded on January 1, dropping to 34.5712.

This high-to-low spread represents a total annual volatility of 2.8279 MNT. From a start-to-finish perspective, comparing the January average rate of 35.0118 to the December average rate of 37.0190, the exchange rate registered a net change of 5.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 37.3991 was up 7.82% compared to the 2019 peak of 34.6862, 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 186,996 MNT

2019 Average 165,210 MNT

Yearly Trough Low 172,856 MNT

Transaction Impact: A difference of 14,139.55 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

37.4509

34.7901

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 36.0721, compared to 37.0128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9407 points.

H1 Avg (Jan–Jun) 36.0721

H2 Avg (Jul–Dec) 37.0128

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 1.5705 MNT (High: 36.3444 / Low: 34.7739). On the other end, May was the most stable month, with a tight range of 0.1833 MNT (High: 36.6352 / Low: 36.4519).

February Spread (Volatile) ±1.5705

May Spread (Stable) ±0.1833

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1446 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1446

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2020: 37.2292) against the same month in 2019 (average: 34.0312), the exchange rate shifted by +3.1979 (+9.40%).

2020 Avg (September) 37.2292

2019 Avg (September) 34.0312

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.4060	34.5712	35.0118
February	36.3444	34.7739	35.7049
March	36.3616	35.9186	36.2057
April	36.7668	36.2079	36.5421
May	36.6352	36.4519	36.5460
June	36.5959	36.2211	36.4224
July	37.1215	36.5765	36.7960
August	37.1282	36.5026	36.9582
September	37.3991	37.0005	37.2292
October	37.2673	36.8712	37.0846
November	37.1730	36.8501	36.9899
December	37.1282	36.9124	37.0190