2020 MKD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MKD to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MKD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 57.0548. Conversely, the yearly low was recorded on March 22, dropping to 48.0552.
This high-to-low spread represents a total annual volatility of 8.9996 MNT. From a start-to-finish perspective, comparing the January average rate of 48.8045 to the December average rate of 56.3503, the exchange rate registered a net change of 15.46% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 57.0548 was up 15.85% compared to the 2019 peak of 49.2469, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MKD 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 49.4782, compared to 54.5956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.1174 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 3.1876 MNT (High: 54.7252 / Low: 51.5376). On the other end, January was the most stable month, with a tight range of 0.8242 MNT (High: 49.2385 / Low: 48.4143).
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 0.4641 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 56.3503) against the same month in 2019 (average: 48.7134), the exchange rate shifted by +7.6369 (+15.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 49.2385 | 48.4143 | 48.8045 |
| February | 49.1179 | 48.2214 | 48.6499 |
| March | 51.1392 | 48.0552 | 49.5182 |
| April | 49.6222 | 48.6255 | 49.0541 |
| May | 50.6606 | 48.8025 | 49.4696 |
| June | 51.9133 | 50.6759 | 51.3732 |
| July | 54.7252 | 51.5376 | 52.7052 |
| August | 55.2581 | 54.2410 | 54.6598 |
| September | 55.1491 | 53.9837 | 54.7308 |
| October | 54.8267 | 53.8957 | 54.4273 |
| November | 55.2771 | 53.9084 | 54.7004 |
| December | 57.0548 | 55.4028 | 56.3503 |