YEARLY HIGH
27.3750 MNT
YEARLY LOW
24.6811 MNT
YEARLY AVERAGE
26.0378 MNT

2019 CVE to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CVE to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 27.3750. Conversely, the yearly low was recorded on May 30, dropping to 24.6811.

This high-to-low spread represents a total annual volatility of 2.6940 MNT. From a start-to-finish perspective, comparing the January average rate of 25.3452 to the December average rate of 27.0356, the exchange rate registered a net change of 6.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 27.3750 was up 0.21% compared to the 2018 peak of 27.3168, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 136,875 MNT
2018 Average 129,769 MNT
Yearly Trough Low 123,405 MNT
Transaction Impact: A difference of 13,469.77 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

27.2539
24.6338
JanuMarcMayJulySeptNove

CVE 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 25.2609, compared to 26.8146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5538 points.

H1 Avg (Jan–Jun) 25.2609
H2 Avg (Jul–Dec) 26.8146

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 2.5858 MNT (High: 27.3337 / Low: 24.7479). On the other end, November was the most stable month, with a tight range of 0.3267 MNT (High: 26.9382 / Low: 26.6115).

June Spread (Volatile) ±2.5858
November Spread (Stable) ±0.3267

Growth Streaks & Declines

Trends

Between September and December, 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 0.4951 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4951

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 27.0356) against the same month in 2018 (average: 25.3624), the exchange rate shifted by +1.6732 (+6.60%).

2019 Avg (December) 27.0356
2018 Avg (December) 25.3624

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 25.5713 25.1583 25.3452
February 25.7773 25.1206 25.4097
March 25.8283 24.9239 25.3681
April 25.6813 24.7105 25.3472
May 25.5579 24.6811 24.8521
June 27.3337 24.7479 25.2428
July 27.2670 26.6889 27.0112
August 27.1060 26.4353 26.8343
September 26.7152 26.3213 26.5507
October 26.9180 26.2242 26.6531
November 26.9382 26.6115 26.8030
December 27.3750 26.6302 27.0356