2020 MAD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MAD to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MAD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 321.7477. Conversely, the yearly low was recorded on April 6, dropping to 269.8260.
This high-to-low spread represents a total annual volatility of 51.9217 MNT. From a start-to-finish perspective, comparing the January average rate of 281.3463 to the December average rate of 317.6566, the exchange rate registered a net change of 12.91% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 321.7477 was up 13.95% compared to the 2019 peak of 282.3654, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MAD 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 283.2429, compared to 309.1083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.8655 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 19.2277 MNT (High: 292.5676 / Low: 273.3399). On the other end, January was the most stable month, with a tight range of 2.1453 MNT (High: 282.4760 / Low: 280.3306).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 10.3441 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 317.6566) against the same month in 2019 (average: 280.2256), the exchange rate shifted by +37.4310 (+13.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 282.4760 | 280.3306 | 281.3463 |
| February | 287.2334 | 281.4403 | 283.8444 |
| March | 292.5676 | 273.3399 | 285.0541 |
| April | 282.2306 | 269.8260 | 274.7099 |
| May | 286.6150 | 280.9839 | 283.7653 |
| June | 293.1715 | 286.8352 | 290.7373 |
| July | 305.4957 | 290.7790 | 296.9652 |
| August | 311.7064 | 304.3161 | 308.5218 |
| September | 312.7478 | 307.6070 | 310.1566 |
| October | 311.2544 | 307.7573 | 309.5792 |
| November | 314.6931 | 308.6753 | 311.7707 |
| December | 321.7477 | 306.4982 | 317.6566 |