2020 ETB to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |