YEARLY HIGH
0.0529 JMD
YEARLY LOW
0.0483 JMD
YEARLY AVERAGE
0.0505 JMD

2020 MNT to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MNT to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.0529. Conversely, the yearly low was recorded on April 5, dropping to 0.0483.

This high-to-low spread represents a total annual volatility of 0.0046 JMD. From a start-to-finish perspective, comparing the January average rate of 0.0498 to the December average rate of 0.0504, the exchange rate registered a net change of 1.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0529 was down 5.16% compared to the 2019 peak of 0.0558, 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 264 JMD
2019 Average 260 JMD
Yearly Trough Low 241 JMD
Transaction Impact: A difference of 23.13 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0527
0.0487
JanuMarcMayJulySeptNove

MNT to JMD 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 0.0501, compared to 0.0510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0501
H2 Avg (Jul–Dec) 0.0510

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0031 JMD (High: 0.0516 / Low: 0.0485). On the other end, August was the most stable month, with a tight range of 0.0012 JMD (High: 0.0529 / Low: 0.0517).

January Spread (Volatile) ±0.0031
August Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between March and May, 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 August and September, when the average rate fell by 0.0020 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.0523) against the same month in 2019 (average: 0.0507), the exchange rate shifted by +0.0017 (+3.26%).

2020 Avg (August) 0.0523
2019 Avg (August) 0.0507

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0516 0.0485 0.0498
February 0.0517 0.0498 0.0509
March 0.0498 0.0483 0.0490
April 0.0508 0.0483 0.0494
May 0.0525 0.0505 0.0516
June 0.0510 0.0493 0.0500
July 0.0518 0.0492 0.0505
August 0.0529 0.0517 0.0523
September 0.0520 0.0493 0.0503
October 0.0515 0.0495 0.0507
November 0.0522 0.0509 0.0516
December 0.0513 0.0497 0.0504