2020 BOB to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BOB to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BOB to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 416.5380. Conversely, the yearly low was recorded on January 1, dropping to 389.0381.
This high-to-low spread represents a total annual volatility of 27.4998 MNT. From a start-to-finish perspective, comparing the January average rate of 390.8924 to the December average rate of 413.8514, the exchange rate registered a net change of 5.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 416.5380 was up 6.47% compared to the 2019 peak of 391.2333, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BOB 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 400.8296, compared to 412.8106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.9810 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 7.5105 MNT (High: 405.7491 / Low: 398.2386). On the other end, January was the most stable month, with a tight range of 2.2716 MNT (High: 391.3097 / Low: 389.0381).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.4573 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2020: 414.2372) against the same month in 2019 (average: 385.4721), the exchange rate shifted by +28.7652 (+7.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 391.3097 | 389.0381 | 390.8924 |
| February | 398.8402 | 391.4402 | 397.1966 |
| March | 405.7491 | 398.2386 | 400.6094 |
| April | 407.2180 | 400.5058 | 403.6866 |
| May | 406.8369 | 403.8303 | 405.2183 |
| June | 409.1930 | 405.0970 | 407.3745 |
| July | 412.3198 | 408.9853 | 410.6067 |
| August | 414.2296 | 411.2474 | 412.5896 |
| September | 416.5380 | 412.1595 | 414.2372 |
| October | 414.6980 | 410.2940 | 412.7799 |
| November | 414.3290 | 410.8163 | 412.7991 |
| December | 415.8637 | 411.2554 | 413.8514 |