2019 MNT to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MNT to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MNT to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 17.4965. Conversely, the yearly low was recorded on December 30, dropping to 15.5903.
This high-to-low spread represents a total annual volatility of 1.9062 IRR. From a start-to-finish perspective, comparing the January average rate of 17.2425 to the December average rate of 15.6160, the exchange rate registered a net change of -9.43% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 17.4965 was down 10.47% compared to the 2018 peak of 19.5428, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MNT based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
MNT to IRR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 17.0665, compared to 15.7570 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3095 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was June, with a trading range of 1.5981 IRR (High: 17.4215 / Low: 15.8234). On the other end, December was the most stable month, with a tight range of 0.0645 IRR (High: 15.6548 / Low: 15.5903).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.2273 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 17.2425) against the same month in 2018 (average: 14.8786), the exchange rate shifted by +2.3639 (+15.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.4965 | 17.1594 | 17.2425 |
| February | 17.3263 | 16.7400 | 17.0243 |
| March | 17.3278 | 16.7562 | 16.9973 |
| April | 17.3403 | 16.7506 | 16.9122 |
| May | 17.4098 | 16.7320 | 17.1571 |
| June | 17.4215 | 15.8234 | 17.0658 |
| July | 15.8934 | 15.8058 | 15.8385 |
| August | 15.8626 | 15.7946 | 15.8091 |
| September | 15.8949 | 15.7950 | 15.8111 |
| October | 15.9218 | 15.7354 | 15.7828 |
| November | 15.7370 | 15.6506 | 15.6845 |
| December | 15.6548 | 15.5903 | 15.6160 |