YEARLY HIGH
3450.0000 MNT
YEARLY LOW
3398.0000 MNT
YEARLY AVERAGE
3426.9355 MNT

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.

Transfer Payout Power Comparison

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

Yearly Peak High 17,250,000 MNT
2023 Average 17,310,012 MNT
Yearly Trough Low 16,990,000 MNT
Transaction Impact: A difference of 260,000.00 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3455.2000
3392.8000
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 3450.0000
H2 Avg (Jul–Dec) 3403.8710

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±52.0000
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 35.2258 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -35.2258

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (January) 3450.0000
2023 Avg (January) 3406.9653

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