2024 BMD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BMD to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BMD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 3450.0000. Conversely, the yearly low was recorded on December 31, dropping to 3398.0000.
This high-to-low spread represents a total annual volatility of 52.0000 MNT. From a start-to-finish perspective, comparing the January average rate of 3450.0000 to the December average rate of 3398.0000, 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 3450.0000 was down 1.96% compared to the 2023 peak of 3519.0000, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BMD to MNT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3450.0000, compared to 3403.8710 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 46.1290 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 52.0000 MNT (High: 3450.0000 / Low: 3398.0000). On the other end, December was the most stable month, with a tight range of 0.0000 MNT (High: 3398.0000 / Low: 3398.0000).
Growth Streaks & Declines
TrendsNo 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 35.2258 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 3450.0000) against the same month in 2023 (average: 3406.9653), the exchange rate shifted by +43.0347 (+1.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3450.0000 | 3450.0000 | 3450.0000 |
| February | 3450.0000 | 3450.0000 | 3450.0000 |
| March | 3450.0000 | 3450.0000 | 3450.0000 |
| April | 3450.0000 | 3450.0000 | 3450.0000 |
| May | 3450.0000 | 3450.0000 | 3450.0000 |
| June | 3450.0000 | 3450.0000 | 3450.0000 |
| July | 3450.0000 | 3398.0000 | 3433.2258 |
| August | 3398.0000 | 3398.0000 | 3398.0000 |
| September | 3398.0000 | 3398.0000 | 3398.0000 |
| October | 3398.0000 | 3398.0000 | 3398.0000 |
| November | 3398.0000 | 3398.0000 | 3398.0000 |
| December | 3398.0000 | 3398.0000 | 3398.0000 |