YEARLY HIGH
1725.0000 MNT
YEARLY LOW
1699.0000 MNT
YEARLY AVERAGE
1713.4677 MNT

2024 BBD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1725.0000. Conversely, the yearly low was recorded on December 31, dropping to 1699.0000.

This high-to-low spread represents a total annual volatility of 26.0000 MNT. From a start-to-finish perspective, comparing the January average rate of 1725.0000 to the December average rate of 1699.0000, the exchange rate registered a net change of -1.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1725.0000 was down 1.96% compared to the 2023 peak of 1759.5000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,625,000 MNT
2023 Average 8,655,006 MNT
Yearly Trough Low 8,495,000 MNT
Transaction Impact: A difference of 130,000.00 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1727.6000
1696.4000
JanuMarcMayJulySeptNove

BBD 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 1725.0000, compared to 1701.9355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 23.0645 points.

H1 Avg (Jan–Jun) 1725.0000
H2 Avg (Jul–Dec) 1701.9355

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 26.0000 MNT (High: 1725.0000 / Low: 1699.0000). On the other end, December was the most stable month, with a tight range of 0.0000 MNT (High: 1699.0000 / Low: 1699.0000).

July Spread (Volatile) ±26.0000
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 17.6129 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -17.6129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1725.0000) against the same month in 2023 (average: 1703.4826), the exchange rate shifted by +21.5174 (+1.26%).

2024 Avg (January) 1725.0000
2023 Avg (January) 1703.4826

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1725.0000 1725.0000 1725.0000
February 1725.0000 1725.0000 1725.0000
March 1725.0000 1725.0000 1725.0000
April 1725.0000 1725.0000 1725.0000
May 1725.0000 1725.0000 1725.0000
June 1725.0000 1725.0000 1725.0000
July 1725.0000 1699.0000 1716.6129
August 1699.0000 1699.0000 1699.0000
September 1699.0000 1699.0000 1699.0000
October 1699.0000 1699.0000 1699.0000
November 1699.0000 1699.0000 1699.0000
December 1699.0000 1699.0000 1699.0000