2019 MNT to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MNT to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MNT to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 101.2685. Conversely, the yearly low was recorded on December 30, dropping to 92.0078.
This high-to-low spread represents a total annual volatility of 9.2607 VEF. From a start-to-finish perspective, comparing the January average rate of 101.2685 to the December average rate of 92.1591, the exchange rate registered a net change of -9.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 101.2685 was down 0.47% compared to the 2018 peak of 101.7423, 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 VEF 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 100.4909, compared to 92.9859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.5050 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was June, with a trading range of 7.8848 VEF (High: 101.2685 / Low: 93.3837). On the other end, January was the most stable month, with a tight range of 0.0000 VEF (High: 101.2685 / Low: 101.2685).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 6.9528 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 101.2685) against the same month in 2018 (average: 0.0042), the exchange rate shifted by +101.2644 (+2427823.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 101.2685 | 101.2685 | 101.2685 |
| February | 101.2685 | 98.7933 | 100.4356 |
| March | 101.2685 | 98.8771 | 100.1517 |
| April | 101.2685 | 98.8557 | 99.5582 |
| May | 101.2685 | 98.7458 | 101.1061 |
| June | 101.2685 | 93.3837 | 100.4253 |
| July | 93.7969 | 93.2801 | 93.4725 |
| August | 93.6148 | 93.2137 | 93.2969 |
| September | 93.4617 | 93.2158 | 93.2839 |
| October | 93.9565 | 92.8643 | 93.1428 |
| November | 92.8735 | 92.3636 | 92.5604 |
| December | 92.3887 | 92.0078 | 92.1591 |