2020 NZD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |