YEARLY HIGH
2062.0853 MNT
YEARLY LOW
1554.1943 MNT
YEARLY AVERAGE
1827.4206 MNT

2020 NZD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2062.0853. Conversely, the yearly low was recorded on March 22, dropping to 1554.1943.

This high-to-low spread represents a total annual volatility of 507.8910 MNT. From a start-to-finish perspective, comparing the January average rate of 1787.2854 to the December average rate of 2024.6029, the exchange rate registered a net change of 13.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2062.0853 was up 13.39% compared to the 2019 peak of 1818.5313, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NZD based on timing:

Yearly Peak High 10,310,426 MNT
2019 Average 8,475,954 MNT
Yearly Trough Low 7,770,971 MNT
Transaction Impact: A difference of 2,539,455.02 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2060.2507
1632.4771
JanuMarcMayJulySeptNove

NZD to MNT 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 1733.1886, compared to 1921.6525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 188.4639 points.

H1 Avg (Jan–Jun) 1733.1886
H2 Avg (Jul–Dec) 1921.6525

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 198.6242 MNT (High: 1752.8185 / Low: 1554.1943). On the other end, October was the most stable month, with a tight range of 38.7896 MNT (High: 1905.7697 / Low: 1866.9801).

March Spread (Volatile) ±198.6242
October Spread (Stable) ±38.7896

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 87.1799 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -87.1799

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2024.6029) against the same month in 2019 (average: 1779.7754), the exchange rate shifted by +244.8276 (+13.76%).

2020 Avg (December) 2024.6029
2019 Avg (December) 1779.7754

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1818.6632 1748.2080 1787.2854
February 1781.7274 1719.7200 1755.3048
March 1752.8185 1554.1943 1668.1249
April 1711.3827 1627.1528 1672.6364
May 1740.1012 1659.0894 1701.4755
June 1840.1495 1761.8879 1814.3047
July 1905.8958 1830.5252 1868.1658
August 1923.3694 1858.8584 1881.4443
September 1936.6104 1872.3903 1906.9913
October 1905.7697 1866.9801 1892.1133
November 2006.8348 1884.3789 1956.5974
December 2062.0853 2003.0777 2024.6029