2020 SGD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 SGD to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the SGD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2162.1545. Conversely, the yearly low was recorded on March 23, dropping to 1895.6001.
This high-to-low spread represents a total annual volatility of 266.5544 MNT. From a start-to-finish perspective, comparing the January average rate of 2001.0120 to the December average rate of 2141.7888, the exchange rate registered a net change of 7.04% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 2162.1545 was up 7.94% compared to the 2019 peak of 2003.0280, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
SGD 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 1978.5017, compared to 2094.8798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 116.3781 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 108.3007 MNT (High: 2003.9008 / Low: 1895.6001). On the other end, February was the most stable month, with a tight range of 26.1045 MNT (High: 1990.9397 / Low: 1964.8353).
Growth Streaks & Declines
TrendsBetween March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 28.6342 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 2141.7888) against the same month in 2019 (average: 1987.6957), the exchange rate shifted by +154.0931 (+7.75%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2008.5986 | 1981.6453 | 2001.0120 |
| February | 1990.9397 | 1964.8353 | 1977.0084 |
| March | 2003.9008 | 1895.6001 | 1948.3742 |
| April | 1976.4707 | 1925.2699 | 1955.1597 |
| May | 1986.1042 | 1958.2198 | 1970.3627 |
| June | 2031.4246 | 1991.6965 | 2019.0931 |
| July | 2075.7547 | 2025.1526 | 2043.6298 |
| August | 2100.1024 | 2067.6739 | 2080.3237 |
| September | 2108.3476 | 2076.3933 | 2093.2757 |
| October | 2113.6036 | 2080.0257 | 2096.1194 |
| November | 2132.6340 | 2088.3541 | 2114.1411 |
| December | 2162.1545 | 2128.5683 | 2141.7888 |