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2020 CNY to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the CNY to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 438.1722. Conversely, the yearly low was recorded on February 3, dropping to 385.6226.
This high-to-low spread represents a total annual volatility of 52.5496 MNT. From a start-to-finish perspective, comparing the January average rate of 390.3801 to the December average rate of 436.2333, the exchange rate registered a net change of 11.75% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 438.1722 was up 12.79% compared to the 2019 peak of 388.4678, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
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CNY 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: JanâJun) was 393.3590, compared to 421.1191 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 27.7601 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 10.1299 MNT (High: 398.0210 / Low: 387.8910). On the other end, May was the most stable month, with a tight range of 3.4040 MNT (High: 394.6349 / Low: 391.2309).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1545 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 436.2333) against the same month in 2019 (average: 384.5804), the exchange rate shifted by +51.6529 (+13.43%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 394.4502 | 387.3003 | 390.3801 |
| February | 394.8837 | 385.6226 | 392.5933 |
| March | 398.0210 | 387.8910 | 392.7020 |
| April | 395.6848 | 389.0906 | 393.6237 |
| May | 394.6349 | 391.2309 | 393.4692 |
| June | 399.8678 | 393.5164 | 397.3856 |
| July | 408.1918 | 399.5835 | 404.5238 |
| August | 416.3905 | 407.6895 | 411.0176 |
| September | 423.7204 | 416.4046 | 419.7752 |
| October | 427.1281 | 420.6418 | 423.9208 |
| November | 434.6643 | 426.0782 | 431.2437 |
| December | 438.1722 | 433.8765 | 436.2333 |