YEARLY HIGH
2.4153 MNT
YEARLY LOW
1.9493 MNT
YEARLY AVERAGE
2.3470 MNT

2020 IQD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IQD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 2.4153. Conversely, the yearly low was recorded on December 25, dropping to 1.9493.

This high-to-low spread represents a total annual volatility of 0.4660 MNT. From a start-to-finish perspective, comparing the January average rate of 2.2676 to the December average rate of 2.2797, the exchange rate registered a net change of 0.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.4153 was up 6.36% compared to the 2019 peak of 2.2709, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,077 MNT
2019 Average 10,802 MNT
Yearly Trough Low 9,747 MNT
Transaction Impact: A difference of 2,330.03 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.4130
2.2544
JanuMarcMayJulySeptNove

IQD 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 2.3228, compared to 2.3713 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0485 points.

H1 Avg (Jan–Jun) 2.3228
H2 Avg (Jul–Dec) 2.3713

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.4518 MNT (High: 2.4011 / Low: 1.9493). On the other end, August was the most stable month, with a tight range of 0.0144 MNT (High: 2.3931 / Low: 2.3787).

December Spread (Volatile) ±0.4518
August Spread (Stable) ±0.0144

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1098 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.1098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2020: 2.3998) against the same month in 2019 (average: 2.2368), the exchange rate shifted by +0.1631 (+7.29%).

2020 Avg (September) 2.3998
2019 Avg (September) 2.2368

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2741 2.2502 2.2676
February 2.3166 2.2684 2.3050
March 2.3400 2.2960 2.3164
April 2.3444 2.3160 2.3369
May 2.3572 2.3371 2.3479
June 2.3735 2.3491 2.3629
July 2.3926 2.3689 2.3795
August 2.3931 2.3787 2.3874
September 2.4153 2.3868 2.3998
October 2.4039 2.3789 2.3916
November 2.4001 2.3792 2.3896
December 2.4011 1.9493 2.2797