YEARLY HIGH
0.0405 CVE
YEARLY LOW
0.0365 CVE
YEARLY AVERAGE
0.0384 CVE

2019 MNT to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MNT to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 0.0405. Conversely, the yearly low was recorded on December 31, dropping to 0.0365.

This high-to-low spread represents a total annual volatility of 0.0040 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0395 to the December average rate of 0.0370, the exchange rate registered a net change of -6.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0405 was down 6.88% compared to the 2018 peak of 0.0435, 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 203 CVE
2018 Average 193 CVE
Yearly Trough Low 183 CVE
Transaction Impact: A difference of 19.94 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0406
0.0367
JanuMarcMayJulySeptNove

MNT to CVE 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 0.0396, compared to 0.0373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0396
H2 Avg (Jul–Dec) 0.0373

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0038 CVE (High: 0.0404 / Low: 0.0366). On the other end, November was the most stable month, with a tight range of 0.0005 CVE (High: 0.0376 / Low: 0.0371).

June Spread (Volatile) ±0.0038
November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0026 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.0402) against the same month in 2018 (average: 0.0389), the exchange rate shifted by +0.0013 (+3.43%).

2019 Avg (May) 0.0402
2018 Avg (May) 0.0389

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0397 0.0391 0.0395
February 0.0398 0.0388 0.0394
March 0.0401 0.0387 0.0394
April 0.0405 0.0389 0.0395
May 0.0405 0.0391 0.0402
June 0.0404 0.0366 0.0396
July 0.0375 0.0367 0.0370
August 0.0378 0.0369 0.0373
September 0.0380 0.0374 0.0377
October 0.0381 0.0371 0.0375
November 0.0376 0.0371 0.0373
December 0.0376 0.0365 0.0370