YEARLY HIGH
20.7198 MNT
YEARLY LOW
18.9078 MNT
YEARLY AVERAGE
19.7942 MNT

2020 JMD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 20.7198. Conversely, the yearly low was recorded on August 24, dropping to 18.9078.

This high-to-low spread represents a total annual volatility of 1.8120 MNT. From a start-to-finish perspective, comparing the January average rate of 20.0965 to the December average rate of 19.8504, the exchange rate registered a net change of -1.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 20.7198 was up 1.17% compared to the 2019 peak of 20.4793, 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 103,599 MNT
2019 Average 96,372 MNT
Yearly Trough Low 94,539 MNT
Transaction Impact: A difference of 9,060.12 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

20.5389
18.9817
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 19.9590, compared to 19.6294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3296 points.

H1 Avg (Jan–Jun) 19.9590
H2 Avg (Jul–Dec) 19.6294

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 1.2336 MNT (High: 20.6180 / Low: 19.3844). On the other end, August was the most stable month, with a tight range of 0.4428 MNT (High: 19.3506 / Low: 18.9078).

January Spread (Volatile) ±1.2336
August Spread (Stable) ±0.4428

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.8685 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.8685

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 20.2406) against the same month in 2019 (average: 19.2676), the exchange rate shifted by +0.9730 (+5.05%).

2020 Avg (April) 20.2406
2019 Avg (April) 19.2676

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.6180 19.3844 20.0965
February 20.0940 19.3601 19.6407
March 20.7023 20.0940 20.4091
April 20.7198 19.6941 20.2406
May 19.8113 19.0369 19.3721
June 20.2707 19.5948 19.9949
July 20.3253 19.3076 19.8156
August 19.3506 18.9078 19.1115
September 20.3030 19.2367 19.8901
October 20.2192 19.4297 19.7334
November 19.6636 19.1687 19.3755
December 20.1276 19.4816 19.8504