2020 CDF to MNT Historical Review

YEARLY HIGH

1.9188 MNT

YEARLY LOW

1.4310 MNT

YEARLY AVERAGE

1.5228 MNT

2020 CDF to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CDF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 1.9188. Conversely, the yearly low was recorded on August 7, dropping to 1.4310.

This high-to-low spread represents a total annual volatility of 0.4878 MNT. From a start-to-finish perspective, comparing the January average rate of 1.6027 to the December average rate of 1.4632, the exchange rate registered a net change of -8.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.9188 was up 17.31% compared to the 2019 peak of 1.6356, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,594 MNT

2019 Average 7,784 MNT

Yearly Trough Low 7,155 MNT

Transaction Impact: A difference of 2,438.93 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.6424

1.4304

JanuMarcMayJulySeptNove

CDF 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 1.5891, compared to 1.4565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1326 points.

H1 Avg (Jan–Jun) 1.5891

H2 Avg (Jul–Dec) 1.4565

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.4746 MNT (High: 1.9188 / Low: 1.4442). On the other end, January was the most stable month, with a tight range of 0.0076 MNT (High: 1.6061 / Low: 1.5985).

December Spread (Volatile) ±0.4746

January Spread (Stable) ±0.0076

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0617 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0617

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.4632) against the same month in 2019 (average: 1.6066), the exchange rate shifted by -0.1435 (-8.93%).

2020 Avg (December) 1.4632

2019 Avg (December) 1.6066

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6061	1.5985	1.6027
February	1.6351	1.6010	1.6247
March	1.6254	1.6123	1.6188
April	1.6318	1.6129	1.6199
May	1.6121	1.5318	1.5651
June	1.5360	1.4676	1.5035
July	1.4807	1.4452	1.4575
August	1.4617	1.4310	1.4508
September	1.4634	1.4525	1.4573
October	1.5743	1.4458	1.4622
November	1.4553	1.4422	1.4481
December	1.9188	1.4442	1.4632