2024 AZN to MNT Historical Review

YEARLY HIGH

2029.4118 MNT

YEARLY LOW

1998.8235 MNT

YEARLY AVERAGE

2015.7206 MNT

2024 AZN to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2029.4118. Conversely, the yearly low was recorded on December 31, dropping to 1998.8235.

This high-to-low spread represents a total annual volatility of 30.5882 MNT. From a start-to-finish perspective, comparing the January average rate of 2028.9980 to the December average rate of 1998.8235, 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 2029.4118 was down 1.96% compared to the 2023 peak of 2070.0000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,147,059 MNT

2023 Average 10,181,823 MNT

Yearly Trough Low 9,994,118 MNT

Transaction Impact: A difference of 152,941.18 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2032.4706

1995.7647

JanuMarcMayJulySeptNove

AZN 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 2029.1643, compared to 2002.2770 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 26.8872 points.

H1 Avg (Jan–Jun) 2029.1643

H2 Avg (Jul–Dec) 2002.2770

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 30.5882 MNT (High: 2029.4118 / Low: 1998.8235). On the other end, December was the most stable month, with a tight range of 0.0000 MNT (High: 1998.8235 / Low: 1998.8235).

July Spread (Volatile) ±30.5882

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and May, 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 20.7211 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -20.7211

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2028.9980) against the same month in 2023 (average: 2004.0744), the exchange rate shifted by +24.9235 (+1.24%).

2024 Avg (January) 2028.9980

2023 Avg (January) 2004.0744

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2029.4118	2022.9906	2028.9980
February	2029.4118	2029.4118	2029.4118
March	2029.4118	2023.0048	2028.7758
April	2029.4118	2023.0012	2028.9766
May	2029.4118	2029.4118	2029.4118
June	2029.4118	2029.4118	2029.4118
July	2029.4118	1998.8235	2019.5446
August	1998.8235	1998.8235	1998.8235
September	1998.8235	1998.8235	1998.8235
October	1998.8235	1998.8235	1998.8235
November	1998.8235	1998.8235	1998.8235
December	1998.8235	1998.8235	1998.8235