YEARLY HIGH
0.0069 ZAR
YEARLY LOW
0.0051 ZAR
YEARLY AVERAGE
0.0059 ZAR

2020 MNT to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MNT to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.0069. Conversely, the yearly low was recorded on December 19, dropping to 0.0051.

This high-to-low spread represents a total annual volatility of 0.0018 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0053 to the December average rate of 0.0052, the exchange rate registered a net change of -2.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0069 was up 13.24% compared to the 2019 peak of 0.0061, 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 35 ZAR
2019 Average 28 ZAR
Yearly Trough Low 25 ZAR
Transaction Impact: A difference of 9.20 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0068
0.0051
JanuMarcMayJulySeptNove

MNT to ZAR 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 0.0060, compared to 0.0057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0060
H2 Avg (Jul–Dec) 0.0057

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0010 ZAR (High: 0.0065 / Low: 0.0055). On the other end, October was the most stable month, with a tight range of 0.0001 ZAR (High: 0.0058 / Low: 0.0057).

March Spread (Volatile) ±0.0010
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, 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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0067) against the same month in 2019 (average: 0.0057), the exchange rate shifted by +0.0010 (+18.06%).

2020 Avg (April) 0.0067
2019 Avg (April) 0.0057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0055 0.0052 0.0053
February 0.0057 0.0054 0.0055
March 0.0065 0.0055 0.0061
April 0.0069 0.0065 0.0067
May 0.0068 0.0062 0.0065
June 0.0062 0.0059 0.0061
July 0.0061 0.0058 0.0059
August 0.0062 0.0058 0.0060
September 0.0060 0.0056 0.0058
October 0.0058 0.0057 0.0058
November 0.0057 0.0053 0.0055
December 0.0054 0.0051 0.0052