2019 ETB to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 ETB to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the ETB to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 93.1936. Conversely, the yearly low was recorded on June 14, dropping to 84.2634.
This high-to-low spread represents a total annual volatility of 8.9302 MNT. From a start-to-finish perspective, comparing the January average rate of 86.5235 to the December average rate of 85.6558, the exchange rate registered a net change of -1.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 93.1936 was up 3.34% compared to the 2018 peak of 90.1796, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
ETB 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 86.2720, compared to 89.9059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6339 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was June, with a trading range of 7.5627 MNT (High: 91.8261 / Low: 84.2634). On the other end, January was the most stable month, with a tight range of 1.3054 MNT (High: 87.3113 / Low: 86.0060).
Growth Streaks & Declines
TrendsBetween January and March, 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 November and December, when the average rate fell by 4.0863 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2019: 91.7754) against the same month in 2018 (average: 88.5373), the exchange rate shifted by +3.2382 (+3.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 87.3113 | 86.0060 | 86.5235 |
| February | 88.4467 | 85.7955 | 86.9015 |
| March | 88.4277 | 85.5561 | 86.9397 |
| April | 87.5661 | 84.8461 | 86.6861 |
| May | 87.6333 | 84.3213 | 85.0832 |
| June | 91.8261 | 84.2634 | 85.4979 |
| July | 93.1936 | 91.0381 | 91.7754 |
| August | 92.4610 | 90.1172 | 91.3194 |
| September | 91.5116 | 90.1258 | 90.6639 |
| October | 91.2702 | 89.6378 | 90.2786 |
| November | 91.1964 | 87.8570 | 89.7421 |
| December | 88.5633 | 84.4955 | 85.6558 |