YEARLY HIGH
20.4793 MNT
YEARLY LOW
17.9317 MNT
YEARLY AVERAGE
19.2679 MNT

2019 JMD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JMD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 20.4793. Conversely, the yearly low was recorded on February 5, dropping to 17.9317.

This high-to-low spread represents a total annual volatility of 2.5476 MNT. From a start-to-finish perspective, comparing the January average rate of 18.8736 to the December average rate of 19.7001, the exchange rate registered a net change of 4.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 20.4793 was up 2.68% compared to the 2018 peak of 19.9458, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 102,397 MNT
2018 Average 94,376 MNT
Yearly Trough Low 89,658 MNT
Transaction Impact: A difference of 12,738.21 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

20.0827
18.0645
JanuMarcMayJulySeptNove

JMD 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 18.9087, compared to 19.6271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7184 points.

H1 Avg (Jan–Jun) 18.9087
H2 Avg (Jul–Dec) 19.6271

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 2.2872 MNT (High: 20.3667 / Low: 18.0795). On the other end, November was the most stable month, with a tight range of 0.3288 MNT (High: 19.3511 / Low: 19.0223).

June Spread (Volatile) ±2.2872
November Spread (Stable) ±0.3288

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.0349 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0349

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 19.7001) against the same month in 2018 (average: 19.2758), the exchange rate shifted by +0.4244 (+2.20%).

2019 Avg (December) 19.7001
2018 Avg (December) 19.2758

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.3416 18.3862 18.8736
February 18.9926 17.9317 18.5179
March 20.1948 18.9625 19.6712
April 20.0526 18.3335 19.2676
May 18.5580 17.9702 18.2327
June 20.3667 18.0795 18.8893
July 20.3310 19.5235 19.9145
August 19.9467 19.5346 19.7349
September 19.7868 19.4210 19.6240
October 19.9258 19.3512 19.6452
November 19.3511 19.0223 19.1441
December 20.4793 19.1349 19.7001