2020 GEL to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GEL to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GEL to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 990.1031. Conversely, the yearly low was recorded on March 25, dropping to 798.3064.
This high-to-low spread represents a total annual volatility of 191.7967 MNT. From a start-to-finish perspective, comparing the January average rate of 939.3171 to the December average rate of 866.0978, the exchange rate registered a net change of -7.79% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 990.1031 was up 3.80% compared to the 2019 peak of 953.8121, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 915.7964, compared to 892.1888 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 23.6076 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 191.7967 MNT (High: 990.1031 / Low: 798.3064). On the other end, August was the most stable month, with a tight range of 6.7494 MNT (High: 923.1911 / Low: 916.4417).
Growth Streaks & Declines
TrendsBetween May and July, 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 March and April, when the average rate fell by 46.0788 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 920.6673) against the same month in 2019 (average: 925.2946), the exchange rate shifted by -4.6272 (-0.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 947.7561 | 934.3226 | 939.3171 |
| February | 989.9166 | 936.8664 | 966.1847 |
| March | 990.1031 | 798.3064 | 920.6673 |
| April | 887.3856 | 840.9925 | 874.5886 |
| May | 880.7010 | 865.3129 | 872.6183 |
| June | 950.0053 | 878.0189 | 921.4023 |
| July | 929.4898 | 918.8731 | 922.9189 |
| August | 923.1911 | 916.4417 | 921.5083 |
| September | 929.7084 | 852.1162 | 900.5727 |
| October | 892.2420 | 873.3628 | 883.8167 |
| November | 881.5316 | 831.7537 | 858.2186 |
| December | 871.4416 | 856.4526 | 866.0978 |