2019 TOP to MNT Historical Review

YEARLY HIGH

1185.6961 MNT

YEARLY LOW

1066.6053 MNT

YEARLY AVERAGE

1123.0454 MNT

2019 TOP to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TOP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1185.6961. Conversely, the yearly low was recorded on June 18, dropping to 1066.6053.

This high-to-low spread represents a total annual volatility of 119.0908 MNT. From a start-to-finish perspective, comparing the January average rate of 1082.2032 to the December average rate of 1172.4206, the exchange rate registered a net change of 8.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1185.6961 was up 6.33% compared to the 2018 peak of 1115.0773, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,928,480 MNT

2018 Average 5,348,471 MNT

Yearly Trough Low 5,333,026 MNT

Transaction Impact: A difference of 595,453.88 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1182.3771

1062.8983

JanuMarcMayJulySeptNove

TOP 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 1088.3733, compared to 1157.7176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 69.3443 points.

H1 Avg (Jan–Jun) 1088.3733

H2 Avg (Jul–Dec) 1157.7176

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 102.1706 MNT (High: 1168.7759 / Low: 1066.6053). On the other end, July was the most stable month, with a tight range of 12.3538 MNT (High: 1174.2968 / Low: 1161.9430).

June Spread (Volatile) ±102.1706

July Spread (Stable) ±12.3538

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 27.3078 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -27.3078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 1172.4206) against the same month in 2018 (average: 1082.2562), the exchange rate shifted by +90.1644 (+8.33%).

2019 Avg (December) 1172.4206

2018 Avg (December) 1082.2562

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1091.0293	1069.4321	1082.2032
February	1114.2669	1081.6991	1096.0439
March	1114.2627	1080.9614	1096.8637
April	1138.6588	1075.0787	1100.1626
May	1100.6538	1067.0942	1072.8548
June	1168.7759	1066.6053	1082.1114
July	1174.2968	1161.9430	1166.8221
August	1159.2916	1143.2521	1151.6388
September	1159.0456	1143.2521	1148.9942
October	1156.6431	1136.1107	1147.7479
November	1171.5601	1154.7268	1158.6821
December	1185.6961	1158.8253	1172.4206