2020 BGN to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BGN to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BGN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1795.1923. Conversely, the yearly low was recorded on March 19, dropping to 1504.4753.
This high-to-low spread represents a total annual volatility of 290.7170 MNT. From a start-to-finish perspective, comparing the January average rate of 1534.5053 to the December average rate of 1775.3443, the exchange rate registered a net change of 15.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 1795.1923 was up 15.90% compared to the 2019 peak of 1548.8870, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BGN to MNT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1558.7843, compared to 1720.3997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 161.6154 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 102.0179 MNT (High: 1606.4932 / Low: 1504.4753). On the other end, January was the most stable month, with a tight range of 25.2845 MNT (High: 1548.2935 / Low: 1523.0090).
Growth Streaks & Declines
TrendsBetween April and August, 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 March and April, when the average rate fell by 13.1469 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 1775.3443) against the same month in 2019 (average: 1531.8077), the exchange rate shifted by +243.5366 (+15.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1548.2935 | 1523.0090 | 1534.5053 |
| February | 1555.3922 | 1519.2657 | 1533.4387 |
| March | 1606.4932 | 1504.4753 | 1559.7422 |
| April | 1563.2347 | 1533.0598 | 1546.5953 |
| May | 1592.2225 | 1537.8731 | 1559.1585 |
| June | 1636.0919 | 1596.8041 | 1619.2656 |
| July | 1724.1934 | 1623.8430 | 1661.5561 |
| August | 1740.5397 | 1708.7946 | 1723.0494 |
| September | 1736.8322 | 1699.1191 | 1723.0056 |
| October | 1729.4621 | 1693.5976 | 1715.1519 |
| November | 1744.7219 | 1696.2330 | 1724.2906 |
| December | 1795.1923 | 1761.6821 | 1775.3443 |