2020 QAR to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 QAR to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the QAR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 789.4079. Conversely, the yearly low was recorded on January 11, dropping to 740.7882.
This high-to-low spread represents a total annual volatility of 48.6197 MNT. From a start-to-finish perspective, comparing the January average rate of 742.4210 to the December average rate of 783.4285, the exchange rate registered a net change of 5.52% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 789.4079 was up 6.32% compared to the 2019 peak of 742.5066, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
QAR 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 759.9067, compared to 782.4782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.5715 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was February, with a trading range of 13.4550 MNT (High: 757.0814 / Low: 743.6265). On the other end, January was the most stable month, with a tight range of 2.5229 MNT (High: 743.3111 / Low: 740.7882).
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 2.7857 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2020: 785.6098) against the same month in 2019 (average: 731.5933), the exchange rate shifted by +54.0165 (+7.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 743.3111 | 740.7882 | 742.4210 |
| February | 757.0814 | 743.6265 | 754.3320 |
| March | 760.7675 | 755.8584 | 757.8759 |
| April | 766.2257 | 758.7642 | 764.4226 |
| May | 770.4017 | 762.7998 | 767.4554 |
| June | 775.9588 | 769.1556 | 772.9331 |
| July | 781.9884 | 775.8815 | 778.8724 |
| August | 783.8899 | 779.9059 | 782.1334 |
| September | 789.4079 | 781.5209 | 785.6098 |
| October | 786.3860 | 778.7935 | 782.8241 |
| November | 784.4445 | 779.1272 | 782.0009 |
| December | 785.8828 | 781.6305 | 783.4285 |