YEARLY HIGH
0.0036 NOK
YEARLY LOW
0.0032 NOK
YEARLY AVERAGE
0.0034 NOK

2019 MNT to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MNT to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 0.0036. Conversely, the yearly low was recorded on June 30, dropping to 0.0032.

This high-to-low spread represents a total annual volatility of 0.0004 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0035 to the December average rate of 0.0033, the exchange rate registered a net change of -4.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0036 was down 4.65% compared to the 2018 peak of 0.0038, 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 18 NOK
2018 Average 17 NOK
Yearly Trough Low 16 NOK
Transaction Impact: A difference of 1.90 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0036
0.0032
JanuMarcMayJulySeptNove

MNT to NOK 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 0.0035, compared to 0.0034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0035
H2 Avg (Jul–Dec) 0.0034

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0004 NOK (High: 0.0036 / Low: 0.0032). On the other end, November was the most stable month, with a tight range of 0.0000 NOK (High: 0.0034 / Low: 0.0034).

June Spread (Volatile) ±0.0004
November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and October, 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 June and July, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.0036) against the same month in 2018 (average: 0.0034), the exchange rate shifted by +0.0002 (+5.42%).

2019 Avg (May) 0.0036
2018 Avg (May) 0.0034

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0036 0.0034 0.0035
February 0.0036 0.0034 0.0035
March 0.0036 0.0034 0.0035
April 0.0035 0.0034 0.0034
May 0.0036 0.0035 0.0036
June 0.0036 0.0032 0.0035
July 0.0033 0.0032 0.0032
August 0.0034 0.0033 0.0034
September 0.0034 0.0033 0.0034
October 0.0034 0.0034 0.0034
November 0.0034 0.0034 0.0034
December 0.0034 0.0033 0.0033