YEARLY HIGH
0.0025 DKK
YEARLY LOW
0.0021 DKK
YEARLY AVERAGE
0.0023 DKK

2020 MNT to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MNT to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0025. Conversely, the yearly low was recorded on December 30, dropping to 0.0021.

This high-to-low spread represents a total annual volatility of 0.0004 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0025 to the December average rate of 0.0021, the exchange rate registered a net change of -13.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0025 was down 6.99% compared to the 2019 peak of 0.0027, 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 13 DKK
2019 Average 13 DKK
Yearly Trough Low 11 DKK
Transaction Impact: A difference of 2.13 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0025
0.0021
JanuMarcMayJulySeptNove

MNT to DKK 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 0.0024, compared to 0.0022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0024
H2 Avg (Jul–Dec) 0.0022

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0002 DKK (High: 0.0025 / Low: 0.0024). On the other end, January was the most stable month, with a tight range of 0.0000 DKK (High: 0.0025 / Low: 0.0025).

March Spread (Volatile) ±0.0002
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0024) against the same month in 2019 (average: 0.0027), the exchange rate shifted by -0.0002 (-8.07%).

2020 Avg (March) 0.0024
2019 Avg (March) 0.0027

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0025 0.0025 0.0025
February 0.0025 0.0025 0.0025
March 0.0025 0.0024 0.0024
April 0.0025 0.0024 0.0025
May 0.0025 0.0024 0.0024
June 0.0024 0.0023 0.0024
July 0.0023 0.0022 0.0023
August 0.0022 0.0022 0.0022
September 0.0022 0.0022 0.0022
October 0.0022 0.0022 0.0022
November 0.0022 0.0022 0.0022
December 0.0022 0.0021 0.0021