YEARLY HIGH
0.2978 MNT
YEARLY LOW
0.2813 MNT
YEARLY AVERAGE
0.2919 MNT

2020 GNF to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GNF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 0.2978. Conversely, the yearly low was recorded on January 1, dropping to 0.2813.

This high-to-low spread represents a total annual volatility of 0.0165 MNT. From a start-to-finish perspective, comparing the January average rate of 0.2850 to the December average rate of 0.2869, the exchange rate registered a net change of 0.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2978 was up 0.19% compared to the 2019 peak of 0.2972, 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 1,489 MNT
2019 Average 1,394 MNT
Yearly Trough Low 1,406 MNT
Transaction Impact: A difference of 82.56 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2964
0.2840
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 0.2915, compared to 0.2923 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.2915
H2 Avg (Jul–Dec) 0.2923

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.0082 MNT (High: 0.2925 / Low: 0.2843). On the other end, August was the most stable month, with a tight range of 0.0015 MNT (High: 0.2962 / Low: 0.2947).

February Spread (Volatile) ±0.0082
August Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0038 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2020: 0.2949) against the same month in 2019 (average: 0.2890), the exchange rate shifted by +0.0059 (+2.04%).

2020 Avg (September) 0.2949
2019 Avg (September) 0.2890

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2878 0.2813 0.2850
February 0.2925 0.2843 0.2900
March 0.2936 0.2874 0.2912
April 0.2953 0.2908 0.2932
May 0.2970 0.2928 0.2950
June 0.2976 0.2924 0.2946
July 0.2961 0.2932 0.2946
August 0.2962 0.2947 0.2954
September 0.2978 0.2920 0.2949
October 0.2932 0.2896 0.2914
November 0.2928 0.2891 0.2908
December 0.2900 0.2850 0.2869