2020 KWD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 KWD to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the KWD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 9411.6969. Conversely, the yearly low was recorded on March 25, dropping to 8755.4408.
This high-to-low spread represents a total annual volatility of 656.2561 MNT. From a start-to-finish perspective, comparing the January average rate of 8906.5676 to the December average rate of 9358.1194, the exchange rate registered a net change of 5.07% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 9411.6969 was up 5.67% compared to the 2019 peak of 8906.9034, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
KWD to MNT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 8993.9058, compared to 9314.6345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 320.7287 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 283.6422 MNT (High: 9039.0830 / Low: 8755.4408). On the other end, January was the most stable month, with a tight range of 31.6105 MNT (High: 8917.8967 / Low: 8886.2861).
Growth Streaks & Declines
TrendsBetween March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 78.1498 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 9358.1194) against the same month in 2019 (average: 8881.4935), the exchange rate shifted by +476.6259 (+5.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8917.8967 | 8886.2861 | 8906.5676 |
| February | 9050.9275 | 8906.1350 | 9002.3102 |
| March | 9039.0830 | 8755.4408 | 8924.1604 |
| April | 9021.9708 | 8826.3627 | 8943.4194 |
| May | 9101.7820 | 9001.4757 | 9045.8914 |
| June | 9176.6081 | 9089.9227 | 9141.0856 |
| July | 9318.5675 | 9180.5205 | 9230.5284 |
| August | 9340.3293 | 9296.9236 | 9317.1455 |
| September | 9391.8997 | 9300.2399 | 9349.2434 |
| October | 9350.2737 | 9273.7439 | 9316.9043 |
| November | 9349.1955 | 9274.0500 | 9315.8660 |
| December | 9411.6969 | 9317.9517 | 9358.1194 |