YEARLY HIGH
93.1936 MNT
YEARLY LOW
84.2634 MNT
YEARLY AVERAGE
88.0889 MNT

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.

Transfer Payout Power Comparison

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

Yearly Peak High 465,968 MNT
2018 Average 439,297 MNT
Yearly Trough Low 421,317 MNT
Transaction Impact: A difference of 44,651.13 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

92.4447
84.4140
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 86.2720
H2 Avg (Jul–Dec) 89.9059

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±7.5627
January Spread (Stable) ±1.3054

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.0863

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (July) 91.7754
2018 Avg (July) 88.5373

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