YEARLY HIGH
8.9371 MNT
YEARLY LOW
8.4199 MNT
YEARLY AVERAGE
8.7263 MNT

2024 AMD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AMD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 8.9371. Conversely, the yearly low was recorded on February 4, dropping to 8.4199.

This high-to-low spread represents a total annual volatility of 0.5172 MNT. From a start-to-finish perspective, comparing the January average rate of 8.5247 to the December average rate of 8.5664, the exchange rate registered a net change of 0.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 8.9371 was down 2.55% compared to the 2023 peak of 9.1707, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 44,686 MNT
2023 Average 44,126 MNT
Yearly Trough Low 42,100 MNT
Transaction Impact: A difference of 2,585.83 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

8.9392
8.4589
JanuMarcMayJulySeptNove

AMD 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 8.7076, compared to 8.7449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0373 points.

H1 Avg (Jan–Jun) 8.7076
H2 Avg (Jul–Dec) 8.7449

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.2294 MNT (High: 8.6619 / Low: 8.4325). On the other end, September was the most stable month, with a tight range of 0.0452 MNT (High: 8.7947 / Low: 8.7495).

December Spread (Volatile) ±0.2294
September Spread (Stable) ±0.0452

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 November and December, when the average rate fell by 0.1698 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1698

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 8.8991) against the same month in 2023 (average: 9.1029), the exchange rate shifted by -0.2038 (-2.24%).

2024 Avg (May) 8.8991
2023 Avg (May) 9.1029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.5633 8.4975 8.5247
February 8.5237 8.4199 8.4989
March 8.7608 8.5390 8.6143
April 8.9050 8.6990 8.8181
May 8.9371 8.8806 8.8991
June 8.9126 8.8416 8.8904
July 8.9082 8.7518 8.8487
August 8.8402 8.7277 8.7691
September 8.7947 8.7495 8.7741
October 8.7908 8.7438 8.7749
November 8.7922 8.5762 8.7362
December 8.6619 8.4325 8.5664