2019 BIF to MNT Historical Review

YEARLY HIGH

1.4672 MNT

YEARLY LOW

1.3185 MNT

YEARLY AVERAGE

1.3967 MNT

2019 BIF to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BIF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 1.4672. Conversely, the yearly low was recorded on June 8, dropping to 1.3185.

This high-to-low spread represents a total annual volatility of 0.1487 MNT. From a start-to-finish perspective, comparing the January average rate of 1.3595 to the December average rate of 1.4362, the exchange rate registered a net change of 5.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.4672 was up 4.20% compared to the 2018 peak of 1.4080, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,336 MNT

2018 Average 6,837 MNT

Yearly Trough Low 6,593 MNT

Transaction Impact: A difference of 743.53 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.4546

1.3272

JanuMarcMayJulySeptNove

BIF 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 1.3550, compared to 1.4383 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0833 points.

H1 Avg (Jan–Jun) 1.3550

H2 Avg (Jul–Dec) 1.4383

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.1262 MNT (High: 1.4447 / Low: 1.3185). On the other end, November was the most stable month, with a tight range of 0.0078 MNT (High: 1.4387 / Low: 1.4309).

June Spread (Volatile) ±0.1262

November Spread (Stable) ±0.0078

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0246 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0246

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 1.4440) against the same month in 2018 (average: 1.3755), the exchange rate shifted by +0.0685 (+4.98%).

2019 Avg (August) 1.4440

2018 Avg (August) 1.3755

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3732	1.3475	1.3595
February	1.3977	1.3427	1.3642
March	1.3918	1.3397	1.3634
April	1.3729	1.3372	1.3624
May	1.3727	1.3256	1.3378
June	1.4447	1.3185	1.3427
July	1.4480	1.4359	1.4422
August	1.4672	1.4343	1.4440
September	1.4507	1.4294	1.4378
October	1.4467	1.4260	1.4359
November	1.4387	1.4309	1.4339
December	1.4397	1.4312	1.4362