2024 AWG to MNT Historical Review

YEARLY HIGH

1916.6667 MNT

YEARLY LOW

1885.1177 MNT

YEARLY AVERAGE

1902.8323 MNT

2024 AWG to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AWG to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1916.6667. Conversely, the yearly low was recorded on August 15, dropping to 1885.1177.

This high-to-low spread represents a total annual volatility of 31.5490 MNT. From a start-to-finish perspective, comparing the January average rate of 1915.2517 to the December average rate of 1887.5412, the exchange rate registered a net change of -1.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1916.6667 was down 1.96% compared to the 2023 peak of 1955.0000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,583,333 MNT

2023 Average 9,612,438 MNT

Yearly Trough Low 9,425,588 MNT

Transaction Impact: A difference of 157,745.00 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1918.6747

1883.7312

JanuMarcMayJulySeptNove

AWG 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 1915.3882, compared to 1890.2764 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 25.1118 points.

H1 Avg (Jan–Jun) 1915.3882

H2 Avg (Jul–Dec) 1890.2764

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 31.5072 MNT (High: 1916.6667 / Low: 1885.1595). On the other end, December was the most stable month, with a tight range of 2.6183 MNT (High: 1887.7778 / Low: 1885.1595).

July Spread (Volatile) ±31.5072

December Spread (Stable) ±2.6183

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 19.3312 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -19.3312

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1915.2517) against the same month in 2023 (average: 1891.5645), the exchange rate shifted by +23.6873 (+1.25%).

2024 Avg (January) 1915.2517

2023 Avg (January) 1891.5645

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1916.6667	1912.6819	1915.2517
February	1916.6667	1914.0083	1915.5667
March	1916.6667	1914.0083	1915.0716
April	1916.6667	1914.0083	1915.7627
May	1916.6667	1914.0083	1915.2946
June	1916.6667	1914.0083	1915.3817
July	1916.6667	1885.1595	1906.3473
August	1887.7778	1885.1177	1887.0162
September	1887.7778	1885.1595	1886.6431
October	1887.7778	1885.1595	1886.9499
November	1895.6764	1885.1595	1887.1607
December	1887.7778	1885.1595	1887.5412