YEARLY HIGH
0.1489 NGN
YEARLY LOW
0.1150 NGN
YEARLY AVERAGE
0.1401 NGN

2019 MNT to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MNT to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.1489. Conversely, the yearly low was recorded on August 26, dropping to 0.1150.

This high-to-low spread represents a total annual volatility of 0.0339 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1481 to the December average rate of 0.1345, the exchange rate registered a net change of -9.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1489 was down 10.53% compared to the 2018 peak of 0.1664, 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 745 NGN
2018 Average 743 NGN
Yearly Trough Low 575 NGN
Transaction Impact: A difference of 169.72 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1495
0.1331
JanuMarcMayJulySeptNove

MNT to NGN 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 0.1451, compared to 0.1352 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0099 points.

H1 Avg (Jan–Jun) 0.1451
H2 Avg (Jul–Dec) 0.1352

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0224 NGN (High: 0.1473 / Low: 0.1249). On the other end, November was the most stable month, with a tight range of 0.0007 NGN (High: 0.1353 / Low: 0.1346).

June Spread (Volatile) ±0.0224
November Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0061 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.1481) against the same month in 2018 (average: 0.1487), the exchange rate shifted by -0.0006 (-0.38%).

2019 Avg (January) 0.1481
2018 Avg (January) 0.1487

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1489 0.1474 0.1481
February 0.1479 0.1437 0.1461
March 0.1474 0.1429 0.1451
April 0.1469 0.1431 0.1443
May 0.1474 0.1432 0.1466
June 0.1473 0.1249 0.1405
July 0.1363 0.1350 0.1356
August 0.1366 0.1150 0.1348
September 0.1364 0.1348 0.1357
October 0.1373 0.1350 0.1356
November 0.1353 0.1346 0.1349
December 0.1348 0.1340 0.1345