YEARLY HIGH
0.0641 MNT
YEARLY LOW
0.0572 MNT
YEARLY AVERAGE
0.0610 MNT

2019 IRR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the IRR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0641. Conversely, the yearly low was recorded on January 9, dropping to 0.0572.

This high-to-low spread represents a total annual volatility of 0.0070 MNT. From a start-to-finish perspective, comparing the January average rate of 0.0580 to the December average rate of 0.0640, the exchange rate registered a net change of 10.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0641 was down 5.82% compared to the 2018 peak of 0.0681, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 321 MNT
2018 Average 300 MNT
Yearly Trough Low 286 MNT
Transaction Impact: A difference of 34.94 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0646
0.0574
JanuMarcMayJulySeptNove

IRR 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 0.0586, compared to 0.0635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.0586
H2 Avg (Jul–Dec) 0.0635

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0058 MNT (High: 0.0632 / Low: 0.0574). On the other end, December was the most stable month, with a tight range of 0.0003 MNT (High: 0.0641 / Low: 0.0639).

June Spread (Volatile) ±0.0058
December Spread (Stable) ±0.0003

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 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.0640) against the same month in 2018 (average: 0.0583), the exchange rate shifted by +0.0057 (+9.80%).

2019 Avg (December) 0.0640
2018 Avg (December) 0.0583

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0583 0.0572 0.0580
February 0.0597 0.0577 0.0587
March 0.0597 0.0577 0.0588
April 0.0597 0.0577 0.0591
May 0.0598 0.0574 0.0583
June 0.0632 0.0574 0.0586
July 0.0633 0.0629 0.0631
August 0.0633 0.0630 0.0633
September 0.0633 0.0629 0.0632
October 0.0636 0.0628 0.0634
November 0.0639 0.0635 0.0638
December 0.0641 0.0639 0.0640