2020 MNT to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MNT to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MNT to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 23.4105. Conversely, the yearly low was recorded on September 25, dropping to 14.6491.
This high-to-low spread represents a total annual volatility of 8.7614 IRR. From a start-to-finish perspective, comparing the January average rate of 15.5771 to the December average rate of 14.7583, the exchange rate registered a net change of -5.26% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 23.4105 was up 33.80% compared to the 2019 peak of 17.4965, 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 2020.
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 15.2222, compared to 14.8243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3979 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 8.6224 IRR (High: 23.4105 / Low: 14.7881). On the other end, August was the most stable month, with a tight range of 0.0353 IRR (High: 14.7942 / Low: 14.7589).
Growth Streaks & Declines
TrendsBetween September and November, 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 July and August, when the average rate fell by 0.3425 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2020: 15.1240) against the same month in 2019 (average: 15.8385), the exchange rate shifted by -0.7145 (-4.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.6106 | 15.5580 | 15.5771 |
| February | 15.5642 | 15.2723 | 15.3321 |
| March | 15.2993 | 15.2349 | 15.2644 |
| April | 15.2407 | 15.0923 | 15.1276 |
| May | 15.1779 | 15.0105 | 15.0682 |
| June | 15.0328 | 14.9073 | 14.9635 |
| July | 23.4105 | 14.7881 | 15.1240 |
| August | 14.7942 | 14.7589 | 14.7815 |
| September | 14.7975 | 14.6491 | 14.7204 |
| October | 14.8498 | 14.7054 | 14.7726 |
| November | 14.8424 | 14.7418 | 14.7890 |
| December | 14.7949 | 14.7138 | 14.7583 |