2020 BIF to MNT Historical Review

YEARLY HIGH

1.4885 MNT

YEARLY LOW

1.4303 MNT

YEARLY AVERAGE

1.4668 MNT

2020 BIF to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BIF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 1.4885. Conversely, the yearly low was recorded on January 24, dropping to 1.4303.

This high-to-low spread represents a total annual volatility of 0.0582 MNT. From a start-to-finish perspective, comparing the January average rate of 1.4342 to the December average rate of 1.4687, the exchange rate registered a net change of 2.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.4885 was up 1.45% compared to the 2019 peak of 1.4672, 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 7,442 MNT

2019 Average 6,985 MNT

Yearly Trough Low 7,151 MNT

Transaction Impact: A difference of 290.92 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.4856

1.4295

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 1.4599, compared to 1.4737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0137 points.

H1 Avg (Jan–Jun) 1.4599

H2 Avg (Jul–Dec) 1.4737

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.0284 MNT (High: 1.4602 / Low: 1.4318). On the other end, January was the most stable month, with a tight range of 0.0078 MNT (High: 1.4381 / Low: 1.4303).

February Spread (Volatile) ±0.0284

January Spread (Stable) ±0.0078

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0078 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2020: 1.4809) against the same month in 2019 (average: 1.4378), the exchange rate shifted by +0.0431 (+3.00%).

2020 Avg (September) 1.4809

2019 Avg (September) 1.4378

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4381	1.4303	1.4342
February	1.4602	1.4318	1.4547
March	1.4746	1.4523	1.4588
April	1.4816	1.4578	1.4679
May	1.4801	1.4617	1.4684
June	1.4842	1.4654	1.4755
July	1.4815	1.4688	1.4738
August	1.4829	1.4727	1.4770
September	1.4885	1.4722	1.4809
October	1.4813	1.4647	1.4731
November	1.4763	1.4631	1.4684
December	1.4735	1.4641	1.4687