2019 LRD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 LRD to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the LRD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 15.6274. Conversely, the yearly low was recorded on October 6, dropping to 12.5609.
This high-to-low spread represents a total annual volatility of 3.0664 MNT. From a start-to-finish perspective, comparing the January average rate of 15.4226 to the December average rate of 14.2961, the exchange rate registered a net change of -7.30% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 15.6274 was down 21.44% compared to the 2018 peak of 19.8933, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
LRD 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 14.5983, compared to 13.2461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3521 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was May, with a trading range of 1.5752 MNT (High: 14.4338 / Low: 12.8586). On the other end, September was the most stable month, with a tight range of 0.1500 MNT (High: 12.8779 / Low: 12.7279).
Growth Streaks & Declines
TrendsBetween October and December, 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 1.3654 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2019: 15.3645) against the same month in 2018 (average: 19.0189), the exchange rate shifted by -3.6543 (-19.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.5992 | 15.2525 | 15.4226 |
| February | 15.6274 | 15.1841 | 15.3645 |
| March | 15.5010 | 15.1280 | 15.3034 |
| April | 15.4164 | 14.4338 | 15.0516 |
| May | 14.4338 | 12.8586 | 13.6862 |
| June | 13.5691 | 12.5656 | 12.7612 |
| July | 13.5628 | 13.1393 | 13.2892 |
| August | 13.1324 | 12.8088 | 13.0832 |
| September | 12.8779 | 12.7279 | 12.7889 |
| October | 12.7416 | 12.5609 | 12.6381 |
| November | 13.9395 | 12.6444 | 13.3814 |
| December | 14.4010 | 14.0194 | 14.2961 |