YEARLY HIGH
0.0138 ETB
YEARLY LOW
0.0116 ETB
YEARLY AVERAGE
0.0124 ETB

2020 MNT to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MNT to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0138. Conversely, the yearly low was recorded on February 23, dropping to 0.0116.

This high-to-low spread represents a total annual volatility of 0.0022 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0119 to the December average rate of 0.0136, the exchange rate registered a net change of 14.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0138 was up 16.13% compared to the 2019 peak of 0.0119, 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 69 ETB
2019 Average 57 ETB
Yearly Trough Low 58 ETB
Transaction Impact: A difference of 11.01 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0138
0.0115
JanuMarcMayJulySeptNove

MNT to ETB 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 0.0119, compared to 0.0129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0119
H2 Avg (Jul–Dec) 0.0129

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.0005 ETB (High: 0.0134 / Low: 0.0129). On the other end, January was the most stable month, with a tight range of 0.0001 ETB (High: 0.0119 / Low: 0.0118).

October Spread (Volatile) ±0.0005
January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0002 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0136) against the same month in 2019 (average: 0.0117), the exchange rate shifted by +0.0019 (+16.18%).

2020 Avg (December) 0.0136
2019 Avg (December) 0.0117

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0119 0.0118 0.0119
February 0.0119 0.0116 0.0117
March 0.0120 0.0117 0.0118
April 0.0120 0.0117 0.0119
May 0.0122 0.0119 0.0121
June 0.0124 0.0121 0.0122
July 0.0125 0.0123 0.0124
August 0.0127 0.0123 0.0126
September 0.0129 0.0126 0.0128
October 0.0134 0.0129 0.0131
November 0.0134 0.0130 0.0133
December 0.0138 0.0134 0.0136