YEARLY HIGH
3515.3426 MNT
YEARLY LOW
2938.0560 MNT
YEARLY AVERAGE
3207.7982 MNT

2020 EUR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EUR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 3515.3426. Conversely, the yearly low was recorded on March 19, dropping to 2938.0560.

This high-to-low spread represents a total annual volatility of 577.2866 MNT. From a start-to-finish perspective, comparing the January average rate of 3001.4192 to the December average rate of 3472.9728, the exchange rate registered a net change of 15.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 3515.3426 was up 16.02% compared to the 2019 peak of 3029.9879, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17,576,713 MNT
2019 Average 14,404,947 MNT
Yearly Trough Low 14,690,280 MNT
Transaction Impact: A difference of 2,886,432.94 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

3520.4399
2950.8348
JanuMarcMayJulySeptNove

EUR 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 3050.4005, compared to 3365.1959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 314.7954 points.

H1 Avg (Jan–Jun) 3050.4005
H2 Avg (Jul–Dec) 3365.1959

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 205.0782 MNT (High: 3143.1342 / Low: 2938.0560). On the other end, January was the most stable month, with a tight range of 50.0882 MNT (High: 3029.2200 / Low: 2979.1318).

March Spread (Volatile) ±205.0782
January Spread (Stable) ±50.0882

Growth Streaks & Declines

Trends

Between April and September, 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 March and April, when the average rate fell by 30.9849 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -30.9849

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 3472.9728) against the same month in 2019 (average: 2996.0968), the exchange rate shifted by +476.8759 (+15.92%).

2020 Avg (December) 3472.9728
2019 Avg (December) 2996.0968

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3029.2200 2979.1318 3001.4192
February 3040.0593 2970.7478 2998.3019
March 3143.1342 2938.0560 3055.7431
April 3057.2672 3000.5621 3024.7581
May 3116.8814 3008.0384 3054.9433
June 3199.1720 3120.5845 3167.2374
July 3379.5325 3175.1594 3249.9183
August 3404.0304 3340.8379 3369.8076
September 3399.8371 3325.7525 3371.3377
October 3382.5799 3317.5986 3354.0566
November 3415.1174 3321.8521 3373.0826
December 3515.3426 3443.1997 3472.9728