YEARLY HIGH
86.3562 MNT
YEARLY LOW
72.5578 MNT
YEARLY AVERAGE
80.6030 MNT

2020 ETB to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 86.3562. Conversely, the yearly low was recorded on December 29, dropping to 72.5578.

This high-to-low spread represents a total annual volatility of 13.7984 MNT. From a start-to-finish perspective, comparing the January average rate of 84.3171 to the December average rate of 73.7203, the exchange rate registered a net change of -12.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 86.3562 was down 7.34% compared to the 2019 peak of 93.1936, 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 431,781 MNT
2019 Average 440,490 MNT
Yearly Trough Low 362,789 MNT
Transaction Impact: A difference of 68,992.08 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

86.7535
72.5354
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 83.8930, compared to 77.3131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.5799 points.

H1 Avg (Jan–Jun) 83.8930
H2 Avg (Jul–Dec) 77.3131

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 2.9965 MNT (High: 77.8127 / Low: 74.8163). On the other end, January was the most stable month, with a tight range of 0.7624 MNT (High: 84.6295 / Low: 83.8671).

October Spread (Volatile) ±2.9965
January Spread (Stable) ±0.7624

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.6101 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.6101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 85.5687) against the same month in 2019 (average: 86.9015), the exchange rate shifted by -1.3328 (-1.53%).

2020 Avg (February) 85.5687
2019 Avg (February) 86.9015

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 84.6295 83.8671 84.3171
February 86.3562 84.3472 85.5687
March 85.2670 83.6252 84.6214
April 85.6312 83.3992 84.2175
May 83.9639 81.9597 82.8253
June 82.9618 80.6011 81.8078
July 81.3010 80.1350 80.6006
August 81.3891 78.8886 79.6852
September 79.1574 77.4957 78.0751
October 77.8127 74.8163 76.6070
November 77.1073 74.3588 75.1902
December 74.6409 72.5578 73.7203