YEARLY HIGH
0.6992 BIF
YEARLY LOW
0.6718 BIF
YEARLY AVERAGE
0.6818 BIF

2020 MNT to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MNT to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.6992. Conversely, the yearly low was recorded on September 25, dropping to 0.6718.

This high-to-low spread represents a total annual volatility of 0.0273 BIF. From a start-to-finish perspective, comparing the January average rate of 0.6972 to the December average rate of 0.6809, the exchange rate registered a net change of -2.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6992 was down 7.81% compared to the 2019 peak of 0.7584, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,496 BIF
2019 Average 3,583 BIF
Yearly Trough Low 3,359 BIF
Transaction Impact: A difference of 136.65 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6994
0.6731
JanuMarcMayJulySeptNove

MNT to BIF 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 0.6850, compared to 0.6786 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.6850
H2 Avg (Jul–Dec) 0.6786

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.0136 BIF (High: 0.6984 / Low: 0.6849). On the other end, January was the most stable month, with a tight range of 0.0038 BIF (High: 0.6992 / Low: 0.6954).

February Spread (Volatile) ±0.0136
January Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between September and November, 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 January and February, when the average rate fell by 0.0098 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.6972) against the same month in 2019 (average: 0.7356), the exchange rate shifted by -0.0384 (-5.21%).

2020 Avg (January) 0.6972
2019 Avg (January) 0.7356

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6992 0.6954 0.6972
February 0.6984 0.6849 0.6875
March 0.6886 0.6781 0.6855
April 0.6860 0.6750 0.6812
May 0.6841 0.6756 0.6810
June 0.6824 0.6738 0.6777
July 0.6808 0.6750 0.6785
August 0.6790 0.6744 0.6771
September 0.6793 0.6718 0.6753
October 0.6827 0.6751 0.6788
November 0.6835 0.6774 0.6810
December 0.6830 0.6787 0.6809