YEARLY HIGH
2.6326 MNT
YEARLY LOW
2.1892 MNT
YEARLY AVERAGE
2.3844 MNT

2020 KRW to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KRW to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.6326. Conversely, the yearly low was recorded on March 23, dropping to 2.1892.

This high-to-low spread represents a total annual volatility of 0.4434 MNT. From a start-to-finish perspective, comparing the January average rate of 2.3182 to the December average rate of 2.6075, the exchange rate registered a net change of 12.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.6326 was up 12.57% compared to the 2019 peak of 2.3387, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,163,093 MNT
2019 Average 11,043,032 MNT
Yearly Trough Low 10,946,116 MNT
Transaction Impact: A difference of 2,216,977.03 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.6413
2.2359
JanuMarcMayJulySeptNove

KRW 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 2.2948, compared to 2.4741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1794 points.

H1 Avg (Jan–Jun) 2.2948
H2 Avg (Jul–Dec) 2.4741

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1377 MNT (High: 2.3270 / Low: 2.1892). On the other end, May was the most stable month, with a tight range of 0.0298 MNT (High: 2.2853 / Low: 2.2555).

March Spread (Volatile) ±0.1377
May Spread (Stable) ±0.0298

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0291 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0291

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.6075) against the same month in 2019 (average: 2.3007), the exchange rate shifted by +0.3068 (+13.34%).

2020 Avg (December) 2.6075
2019 Avg (December) 2.3007

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3398 2.2615 2.3182
February 2.3352 2.2582 2.2987
March 2.3270 2.1892 2.2696
April 2.3015 2.2355 2.2765
May 2.2853 2.2555 2.2736
June 2.3636 2.2934 2.3318
July 2.3928 2.3477 2.3649
August 2.4159 2.3843 2.3992
September 2.4688 2.4013 2.4285
October 2.5223 2.4491 2.4910
November 2.5816 2.5128 2.5536
December 2.6326 2.5741 2.6075