YEARLY HIGH
38.4863 MNT
YEARLY LOW
35.5749 MNT
YEARLY AVERAGE
36.8368 MNT

2024 ALL to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ALL to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 38.4863. Conversely, the yearly low was recorded on February 6, dropping to 35.5749.

This high-to-low spread represents a total annual volatility of 2.9114 MNT. From a start-to-finish perspective, comparing the January average rate of 36.2376 to the December average rate of 36.2121, the exchange rate registered a net change of -0.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 38.4863 was down 1.91% compared to the 2023 peak of 39.2338, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 192,432 MNT
2023 Average 172,596 MNT
Yearly Trough Low 177,875 MNT
Transaction Impact: A difference of 14,557.12 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

38.1940
35.6459
JanuMarcMayJulySeptNove

ALL 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 36.4836, compared to 37.1900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7064 points.

H1 Avg (Jan–Jun) 36.4836
H2 Avg (Jul–Dec) 37.1900

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.7187 MNT (High: 37.7875 / Low: 36.0689). On the other end, February was the most stable month, with a tight range of 0.5070 MNT (High: 36.0819 / Low: 35.5749).

November Spread (Volatile) ±1.7187
February Spread (Stable) ±0.5070

Growth Streaks & Declines

Trends

Between February and May, 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 October and November, when the average rate fell by 0.6950 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6950

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 37.9816) against the same month in 2023 (average: 34.4641), the exchange rate shifted by +3.5175 (+10.21%).

2024 Avg (September) 37.9816
2023 Avg (September) 34.4641

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.7828 35.9450 36.2376
February 36.0819 35.5749 35.8582
March 36.6800 35.9750 36.2632
April 36.7822 36.0429 36.4601
May 37.4397 36.7452 37.0958
June 37.4921 36.7309 36.9867
July 37.6344 36.6312 37.1294
August 37.9801 36.6347 37.4488
September 38.4863 37.5898 37.9816
October 38.2113 37.1641 37.5315
November 37.7875 36.0689 36.8365
December 36.5504 35.8280 36.2121