YEARLY HIGH
0.2972 MNT
YEARLY LOW
0.2654 MNT
YEARLY AVERAGE
0.2787 MNT

2019 GNF to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GNF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.2972. Conversely, the yearly low was recorded on June 8, dropping to 0.2654.

This high-to-low spread represents a total annual volatility of 0.0318 MNT. From a start-to-finish perspective, comparing the January average rate of 0.2678 to the December average rate of 0.2844, the exchange rate registered a net change of 6.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2972 was up 7.53% compared to the 2018 peak of 0.2764, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,486 MNT
2018 Average 1,343 MNT
Yearly Trough Low 1,327 MNT
Transaction Impact: A difference of 159.03 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2918
0.2654
JanuMarcMayJulySeptNove

GNF 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 0.2695, compared to 0.2879 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0185 points.

H1 Avg (Jan–Jun) 0.2695
H2 Avg (Jul–Dec) 0.2879

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0241 MNT (High: 0.2895 / Low: 0.2654). On the other end, September was the most stable month, with a tight range of 0.0039 MNT (High: 0.2916 / Low: 0.2877).

June Spread (Volatile) ±0.0241
September Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between January and April, 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 0.0045 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.2872) against the same month in 2018 (average: 0.2736), the exchange rate shifted by +0.0137 (+4.99%).

2019 Avg (November) 0.2872
2018 Avg (November) 0.2736

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2704 0.2664 0.2678
February 0.2756 0.2660 0.2697
March 0.2755 0.2658 0.2703
April 0.2752 0.2658 0.2720
May 0.2745 0.2654 0.2676
June 0.2895 0.2654 0.2695
July 0.2909 0.2868 0.2888
August 0.2946 0.2877 0.2896
September 0.2916 0.2877 0.2890
October 0.2900 0.2858 0.2887
November 0.2972 0.2820 0.2872
December 0.2868 0.2819 0.2844