YEARLY HIGH
0.0934 CVE
YEARLY LOW
0.0315 CVE
YEARLY AVERAGE
0.0348 CVE

2020 MNT to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MNT to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0934. Conversely, the yearly low was recorded on December 30, dropping to 0.0315.

This high-to-low spread represents a total annual volatility of 0.0619 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0369 to the December average rate of 0.0319, the exchange rate registered a net change of -13.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0934 was up 130.50% compared to the 2019 peak of 0.0405, 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 467 CVE
2019 Average 192 CVE
Yearly Trough Low 158 CVE
Transaction Impact: A difference of 309.41 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0388
0.0312
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 0.0366, compared to 0.0329 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.0366
H2 Avg (Jul–Dec) 0.0329

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0581 CVE (High: 0.0934 / Low: 0.0353). On the other end, October was the most stable month, with a tight range of 0.0006 CVE (High: 0.0333 / Low: 0.0327).

March Spread (Volatile) ±0.0581
October Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0382) against the same month in 2019 (average: 0.0394), the exchange rate shifted by -0.0012 (-3.17%).

2020 Avg (March) 0.0382
2019 Avg (March) 0.0394

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0372 0.0365 0.0369
February 0.0372 0.0366 0.0369
March 0.0934 0.0353 0.0382
April 0.0369 0.0363 0.0366
May 0.0369 0.0355 0.0363
June 0.0355 0.0346 0.0350
July 0.0353 0.0330 0.0342
August 0.0332 0.0325 0.0328
September 0.0333 0.0324 0.0328
October 0.0333 0.0327 0.0330
November 0.0333 0.0323 0.0329
December 0.0322 0.0315 0.0319