2024 ANG to MNT Historical Review

YEARLY HIGH

1924.4092 MNT

YEARLY LOW

1874.8879 MNT

YEARLY AVERAGE

1901.7352 MNT

2024 ANG to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ANG to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 1924.4092. Conversely, the yearly low was recorded on November 10, dropping to 1874.8879.

This high-to-low spread represents a total annual volatility of 49.5213 MNT. From a start-to-finish perspective, comparing the January average rate of 1914.5932 to the December average rate of 1886.0194, the exchange rate registered a net change of -1.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1924.4092 was down 2.74% compared to the 2023 peak of 1978.5936, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,622,046 MNT

2023 Average 9,608,619 MNT

Yearly Trough Low 9,374,440 MNT

Transaction Impact: A difference of 247,606.42 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1918.5516

1881.0516

JanuMarcMayJulySeptNove

ANG 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 1914.6263, compared to 1888.8441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 25.7822 points.

H1 Avg (Jan–Jun) 1914.6263

H2 Avg (Jul–Dec) 1888.8441

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 34.9818 MNT (High: 1919.7628 / Low: 1884.7810). On the other end, September was the most stable month, with a tight range of 7.7822 MNT (High: 1890.0679 / Low: 1882.2857).

July Spread (Volatile) ±34.9818

September Spread (Stable) ±7.7822

Growth Streaks & Declines

Trends

Between October and December, 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 18.4538 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -18.4538

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 1914.8889) against the same month in 2023 (average: 1953.0843), the exchange rate shifted by -38.1954 (-1.96%).

2024 Avg (May) 1914.8889

2023 Avg (May) 1953.0843

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1919.6870	1908.8806	1914.5932
February	1918.2620	1896.9020	1913.4932
March	1922.8711	1909.2556	1915.4266
April	1919.4595	1909.5980	1915.0613
May	1924.4092	1910.7148	1914.8889
June	1918.8840	1901.7716	1914.2945
July	1919.7628	1884.7810	1905.5563
August	1902.5564	1880.2328	1887.1024
September	1890.0679	1882.2857	1885.1198
October	1886.8406	1877.6624	1884.1766
November	1894.0091	1874.8879	1885.0904
December	1893.0499	1882.6361	1886.0194