YEARLY HIGH
9.8723 MNT
YEARLY LOW
8.1958 MNT
YEARLY AVERAGE
9.1315 MNT

2020 HUF to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HUF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 9.8723. Conversely, the yearly low was recorded on April 3, dropping to 8.1958.

This high-to-low spread represents a total annual volatility of 1.6764 MNT. From a start-to-finish perspective, comparing the January average rate of 8.9844 to the December average rate of 9.6762, the exchange rate registered a net change of 7.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 9.8723 was up 5.48% compared to the 2019 peak of 9.3594, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 9,872,276 MNT
2019 Average 8,853,572 MNT
Yearly Trough Low 8,195,848 MNT
Transaction Impact: A difference of 1,676,428.19 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

9.7954
8.3651
JanuMarcMayJulySeptNove

HUF 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 8.8330, compared to 9.4300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5970 points.

H1 Avg (Jan–Jun) 8.8330
H2 Avg (Jul–Dec) 9.4300

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.1588 MNT (High: 9.3682 / Low: 8.2095). On the other end, February was the most stable month, with a tight range of 0.2048 MNT (High: 8.9863 / Low: 8.7815).

March Spread (Volatile) ±1.1588
February Spread (Stable) ±0.2048

Growth Streaks & Declines

Trends

Between April and August, 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 March and April, when the average rate fell by 0.3581 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3581

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 9.6762) against the same month in 2019 (average: 9.0549), the exchange rate shifted by +0.6213 (+6.86%).

2020 Avg (December) 9.6762
2019 Avg (December) 9.0549

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.1727 8.8191 8.9844
February 8.9863 8.7815 8.8833
March 9.3682 8.2095 8.8425
April 8.6927 8.1958 8.4843
May 8.9889 8.5257 8.6924
June 9.3076 8.9044 9.1110
July 9.7936 8.9936 9.2611
August 9.7980 9.4588 9.6643
September 9.5503 9.1463 9.3549
October 9.4966 9.0319 9.2550
November 9.4917 9.0612 9.3687
December 9.8723 9.5606 9.6762