YEARLY HIGH
990.1031 MNT
YEARLY LOW
798.3064 MNT
YEARLY AVERAGE
903.9926 MNT

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.

Transfer Payout Power Comparison

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

Yearly Peak High 4,950,515 MNT
2019 Average 4,569,695 MNT
Yearly Trough Low 3,991,532 MNT
Transaction Impact: A difference of 958,983.33 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

976.9813
847.4219
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 915.7964, 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.

H1 Avg (Jan–Jun) 915.7964
H2 Avg (Jul–Dec) 892.1888

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±191.7967
August Spread (Stable) ±6.7494

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -46.0788

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (March) 920.6673
2019 Avg (March) 925.2946

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