2024 BHD to MNT Historical Review

YEARLY HIGH

9188.1901 MNT

YEARLY LOW

8973.8917 MNT

YEARLY AVERAGE

9093.7809 MNT

2024 BHD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 9188.1901. Conversely, the yearly low was recorded on November 10, dropping to 8973.8917.

This high-to-low spread represents a total annual volatility of 214.2984 MNT. From a start-to-finish perspective, comparing the January average rate of 9153.3101 to the December average rate of 9014.2127, the exchange rate registered a net change of -1.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 9188.1901 was down 2.60% compared to the 2023 peak of 9433.2289, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 45,940,951 MNT

2023 Average 45,935,713 MNT

Yearly Trough Low 44,869,459 MNT

Transaction Impact: A difference of 1,071,491.90 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9170.5378

9000.0014

JanuMarcMayJulySeptNove

BHD 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 9154.5120, compared to 9033.0497 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 121.4623 points.

H1 Avg (Jan–Jun) 9154.5120

H2 Avg (Jul–Dec) 9033.0497

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 159.3845 MNT (High: 9173.5557 / Low: 9014.1712). On the other end, October was the most stable month, with a tight range of 7.3219 MNT (High: 9020.6801 / Low: 9013.3582).

July Spread (Volatile) ±159.3845

October Spread (Stable) ±7.3219

Growth Streaks & Declines

Trends

Between January and March, 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 88.8423 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -88.8423

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 9156.3264) against the same month in 2023 (average: 9338.2762), the exchange rate shifted by -181.9498 (-1.95%).

2024 Avg (May) 9156.3264

2023 Avg (May) 9338.2762

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9178.4856	9129.6167	9153.3101
February	9188.0678	9100.0211	9153.5999
March	9183.7631	9150.9752	9156.2426
April	9175.2147	9111.7015	9152.2023
May	9188.1901	9145.0080	9156.3264
June	9171.9705	9105.4010	9155.3908
July	9173.5557	9014.1712	9110.7835
August	9077.7701	9010.2751	9021.9412
September	9031.5653	9005.9766	9018.9885
October	9020.6801	9013.3582	9015.8358
November	9053.7041	8973.8917	9016.5367
December	9041.8271	9002.0637	9014.2127