2020 MNT to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MNT to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MNT to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 92.1277. Conversely, the yearly low was recorded on September 25, dropping to 86.4535.
This high-to-low spread represents a total annual volatility of 5.6741 VEF. From a start-to-finish perspective, comparing the January average rate of 91.9274 to the December average rate of 87.0959, the exchange rate registered a net change of -5.26% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 92.1277 was down 9.03% compared to the 2019 peak of 101.2685, 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 2020.
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 89.8231, compared to 87.2141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6089 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was February, with a trading range of 1.6372 VEF (High: 91.7760 / Low: 90.1388). On the other end, August was the most stable month, with a tight range of 0.1870 VEF (High: 87.3100 / Low: 87.1230).
Growth Streaks & Declines
TrendsBetween September and November, 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 January and February, when the average rate fell by 1.4509 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 91.9274) against the same month in 2019 (average: 101.2685), the exchange rate shifted by -9.3411 (-9.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 92.1277 | 91.8213 | 91.9274 |
| February | 91.7760 | 90.1388 | 90.4765 |
| March | 90.2908 | 89.9102 | 90.0562 |
| April | 89.9451 | 89.0692 | 89.2774 |
| May | 89.2362 | 88.5864 | 88.9049 |
| June | 88.7177 | 87.9519 | 88.2960 |
| July | 87.9448 | 87.2738 | 87.6236 |
| August | 87.3100 | 87.1230 | 87.2364 |
| September | 87.3291 | 86.4535 | 86.8743 |
| October | 87.6378 | 86.7857 | 87.1822 |
| November | 87.5943 | 87.0005 | 87.2725 |
| December | 87.3137 | 86.8350 | 87.0959 |