YEARLY HIGH
31.7372 MNT
YEARLY LOW
10.7077 MNT
YEARLY AVERAGE
28.9237 MNT

2020 CVE to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 31.7372. Conversely, the yearly low was recorded on March 18, dropping to 10.7077.

This high-to-low spread represents a total annual volatility of 21.0295 MNT. From a start-to-finish perspective, comparing the January average rate of 27.1237 to the December average rate of 31.3812, the exchange rate registered a net change of 15.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 31.7372 was up 15.93% compared to the 2019 peak of 27.3750, 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 158,686 MNT
2019 Average 130,217 MNT
Yearly Trough Low 53,538 MNT
Transaction Impact: A difference of 105,147.55 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

31.8206
26.5477
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 27.4488, compared to 30.3987 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9500 points.

H1 Avg (Jan–Jun) 27.4488
H2 Avg (Jul–Dec) 30.3987

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 17.6450 MNT (High: 28.3527 / Low: 10.7077). On the other end, April was the most stable month, with a tight range of 0.4531 MNT (High: 27.5629 / Low: 27.1099).

March Spread (Volatile) ±17.6450
April Spread (Stable) ±0.4531

Growth Streaks & Declines

Trends

Between March and August, 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 0.1863 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1863

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 31.3812) against the same month in 2019 (average: 27.0356), the exchange rate shifted by +4.3456 (+16.07%).

2020 Avg (December) 31.3812
2019 Avg (December) 27.0356

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.3704 26.8873 27.1237
February 27.3282 26.8688 27.0767
March 28.3527 10.7077 26.9871
April 27.5629 27.1099 27.3282
May 28.1810 27.1367 27.5738
June 28.8827 28.2013 28.6029
July 30.3380 28.3432 29.2871
August 30.7841 30.1609 30.5110
September 30.9000 30.0112 30.4787
October 30.5435 30.0214 30.2924
November 30.9467 30.0207 30.4420
December 31.7372 31.0223 31.3812