2019 MNT to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MNT to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MNT to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 3.5606. Conversely, the yearly low was recorded on August 25, dropping to 3.2261.
This high-to-low spread represents a total annual volatility of 0.3344 LAK. From a start-to-finish perspective, comparing the January average rate of 3.4866 to the December average rate of 3.2912, the exchange rate registered a net change of -5.60% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 3.5606 was down 8.02% compared to the 2018 peak of 3.8712, 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 LAK 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 3.4836, compared to 3.2908 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1928 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was June, with a trading range of 0.2912 LAK (High: 3.5606 / Low: 3.2694). On the other end, November was the most stable month, with a tight range of 0.0153 LAK (High: 3.3041 / Low: 3.2887).
Growth Streaks & Declines
TrendsBetween 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 June and July, when the average rate fell by 0.2333 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2019: 3.5067) against the same month in 2018 (average: 3.5099), the exchange rate shifted by -0.0032 (-0.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.5017 | 3.4740 | 3.4866 |
| February | 3.4989 | 3.4128 | 3.4661 |
| March | 3.5008 | 3.4161 | 3.4598 |
| April | 3.5327 | 3.4240 | 3.4599 |
| May | 3.5531 | 3.4418 | 3.5225 |
| June | 3.5606 | 3.2694 | 3.5067 |
| July | 3.2901 | 3.2575 | 3.2734 |
| August | 3.2873 | 3.2261 | 3.2698 |
| September | 3.3178 | 3.2715 | 3.3033 |
| October | 3.3376 | 3.2980 | 3.3084 |
| November | 3.3041 | 3.2887 | 3.2984 |
| December | 3.2996 | 3.2832 | 3.2912 |