2024 AED to MNT Historical Review

YEARLY HIGH

939.4742 MNT

YEARLY LOW

925.1167 MNT

YEARLY AVERAGE

933.0292 MNT

2024 AED to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 939.4742. Conversely, the yearly low was recorded on November 25, dropping to 925.1167.

This high-to-low spread represents a total annual volatility of 14.3574 MNT. From a start-to-finish perspective, comparing the January average rate of 939.3128 to the December average rate of 925.1302, the exchange rate registered a net change of -1.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 939.4742 was down 1.97% compared to the 2023 peak of 958.3855, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,697,371 MNT

2023 Average 4,713,025 MNT

Yearly Trough Low 4,625,584 MNT

Transaction Impact: A difference of 71,787.22 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

940.8250

923.7014

JanuMarcMayJulySeptNove

AED 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 939.3285, compared to 926.7299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.5986 points.

H1 Avg (Jan–Jun) 939.3285

H2 Avg (Jul–Dec) 926.7299

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 14.1751 MNT (High: 939.2944 / Low: 925.1192). On the other end, October was the most stable month, with a tight range of 0.0201 MNT (High: 925.1369 / Low: 925.1167).

July Spread (Volatile) ±14.1751

October Spread (Stable) ±0.0201

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 9.5833 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -9.5833

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 939.3742) against the same month in 2023 (average: 928.6269), the exchange rate shifted by +10.7474 (+1.16%).

2024 Avg (March) 939.3742

2023 Avg (March) 928.6269

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	939.3412	939.2867	939.3128
February	939.3250	939.2867	939.2984
March	939.4742	939.2867	939.3742
April	939.4657	939.3071	939.3980
May	939.3276	939.2859	939.2972
June	939.3071	939.2765	939.2902
July	939.2944	925.1192	934.7195
August	925.1671	925.1293	925.1362
September	925.1502	925.1293	925.1334
October	925.1369	925.1167	925.1284
November	925.1545	925.1167	925.1315
December	925.1419	925.1180	925.1302