YEARLY HIGH
0.1417 NGN
YEARLY LOW
0.1318 NGN
YEARLY AVERAGE
0.1354 NGN

2020 MNT to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MNT to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 0.1417. Conversely, the yearly low was recorded on April 12, dropping to 0.1318.

This high-to-low spread represents a total annual volatility of 0.0099 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1340 to the December average rate of 0.1345, the exchange rate registered a net change of 0.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1417 was down 4.82% compared to the 2019 peak of 0.1489, 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 709 NGN
2019 Average 701 NGN
Yearly Trough Low 659 NGN
Transaction Impact: A difference of 49.50 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1399
0.1319
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 0.1360, compared to 0.1348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.1360
H2 Avg (Jul–Dec) 0.1348

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0099 NGN (High: 0.1417 / Low: 0.1318). On the other end, July was the most stable month, with a tight range of 0.0014 NGN (High: 0.1373 / Low: 0.1359).

March Spread (Volatile) ±0.0099
July Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1344) against the same month in 2019 (average: 0.1451), the exchange rate shifted by -0.0108 (-7.43%).

2020 Avg (March) 0.1344
2019 Avg (March) 0.1451

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1356 0.1336 0.1340
February 0.1345 0.1318 0.1325
March 0.1417 0.1318 0.1344
April 0.1408 0.1318 0.1383
May 0.1400 0.1380 0.1392
June 0.1385 0.1368 0.1377
July 0.1373 0.1359 0.1367
August 0.1363 0.1330 0.1352
September 0.1355 0.1324 0.1341
October 0.1351 0.1334 0.1340
November 0.1350 0.1331 0.1342
December 0.1386 0.1328 0.1345