2024 BAM to MNT Historical Review

YEARLY HIGH

1948.4084 MNT

YEARLY LOW

1803.2523 MNT

YEARLY AVERAGE

1896.3124 MNT

2024 BAM to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1948.4084. Conversely, the yearly low was recorded on December 20, dropping to 1803.2523.

This high-to-low spread represents a total annual volatility of 145.1561 MNT. From a start-to-finish perspective, comparing the January average rate of 1925.2922 to the December average rate of 1820.8237, the exchange rate registered a net change of -5.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1948.4084 was down 3.78% compared to the 2023 peak of 2024.8739, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,742,042 MNT

2023 Average 9,577,063 MNT

Yearly Trough Low 9,016,262 MNT

Transaction Impact: A difference of 725,780.38 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1941.4584

1809.8569

JanuMarcMayJulySeptNove

BAM 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 1907.6289, compared to 1884.9958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 22.6331 points.

H1 Avg (Jan–Jun) 1907.6289

H2 Avg (Jul–Dec) 1884.9958

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 84.6283 MNT (High: 1894.9090 / Low: 1810.2807). On the other end, March was the most stable month, with a tight range of 28.0470 MNT (High: 1930.7688 / Low: 1902.7218).

November Spread (Volatile) ±84.6283

March Spread (Stable) ±28.0470

Growth Streaks & Declines

Trends

Between June and September, 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 45.7045 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -45.7045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1925.2922) against the same month in 2023 (average: 1874.6050), the exchange rate shifted by +50.6872 (+2.70%).

2024 Avg (January) 1925.2922

2023 Avg (January) 1874.6050

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1948.4084	1910.1393	1925.2922
February	1919.4787	1889.0560	1904.8100
March	1930.7688	1902.7218	1917.3117
April	1917.3974	1875.3180	1893.3439
May	1921.9488	1882.1799	1906.3770
June	1921.4019	1884.3583	1898.6389
July	1929.0576	1881.4613	1904.8033
August	1947.3605	1875.3370	1912.7329
September	1944.5723	1914.0546	1930.4916
October	1927.7628	1872.8697	1893.4141
November	1894.9090	1810.2807	1847.7096
December	1838.9645	1803.2523	1820.8237