YEARLY HIGH
953.8121 MNT
YEARLY LOW
857.9545 MNT
YEARLY AVERAGE
914.0081 MNT

2019 GEL to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GEL to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 953.8121. Conversely, the yearly low was recorded on June 26, dropping to 857.9545.

This high-to-low spread represents a total annual volatility of 95.8576 MNT. From a start-to-finish perspective, comparing the January average rate of 921.4347 to the December average rate of 932.6370, the exchange rate registered a net change of 1.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 953.8121 was down 6.36% compared to the 2018 peak of 1018.6376, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,769,061 MNT
2018 Average 4,893,349 MNT
Yearly Trough Low 4,289,773 MNT
Transaction Impact: A difference of 479,287.97 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

936.8512
889.5959
JanuMarcMayJulySeptNove

GEL 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 915.5167, compared to 912.4995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0172 points.

H1 Avg (Jan–Jun) 915.5167
H2 Avg (Jul–Dec) 912.4995

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 77.3464 MNT (High: 935.3009 / Low: 857.9545). On the other end, January was the most stable month, with a tight range of 8.6213 MNT (High: 924.1996 / Low: 915.5784).

June Spread (Volatile) ±77.3464
January Spread (Stable) ±8.6213

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 32.7672 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -32.7672

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 932.9132) against the same month in 2018 (average: 975.9870), the exchange rate shifted by -43.0738 (-4.41%).

2019 Avg (February) 932.9132
2018 Avg (February) 975.9870

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 924.1996 915.5784 921.4347
February 953.8121 912.1747 932.9132
March 937.7219 912.1747 925.2946
April 935.4589 907.1165 926.3010
May 916.7347 874.7772 893.5338
June 935.3009 857.9545 893.6227
July 952.2641 896.9320 927.7824
August 917.0216 903.0198 909.5462
September 906.6957 894.1939 899.8811
October 908.5832 891.9764 900.4010
November 908.3841 897.8174 904.7495
December 945.9503 905.6508 932.6370