2020 PHP to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PHP to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PHP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 59.5653. Conversely, the yearly low was recorded on January 3, dropping to 52.8383.
This high-to-low spread represents a total annual volatility of 6.7270 MNT. From a start-to-finish perspective, comparing the January average rate of 53.1760 to the December average rate of 59.3360, the exchange rate registered a net change of 11.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 59.5653 was up 11.52% compared to the 2019 peak of 53.4123, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
PHP 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 54.6539, compared to 58.6470 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.9932 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 1.7712 MNT (High: 55.0622 / Low: 53.2910). On the other end, December was the most stable month, with a tight range of 0.5102 MNT (High: 59.5653 / Low: 59.0551).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1900 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 59.3360) against the same month in 2019 (average: 53.1134), the exchange rate shifted by +6.2226 (+11.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 53.5434 | 52.8383 | 53.1760 |
| February | 54.5537 | 53.0602 | 54.0604 |
| March | 55.0622 | 53.2910 | 54.1948 |
| April | 55.4480 | 54.2312 | 54.9437 |
| May | 55.8395 | 54.9637 | 55.3212 |
| June | 56.7026 | 55.7210 | 56.2273 |
| July | 57.9449 | 56.7098 | 57.3988 |
| August | 59.0264 | 57.9048 | 58.4035 |
| September | 59.2844 | 58.5283 | 58.9564 |
| October | 59.1231 | 58.3415 | 58.7664 |
| November | 59.3644 | 58.5157 | 59.0211 |
| December | 59.5653 | 59.0551 | 59.3360 |