YEARLY HIGH
0.0175 PHP
YEARLY LOW
0.0160 PHP
YEARLY AVERAGE
0.0167 PHP

2024 MNT to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0175. Conversely, the yearly low was recorded on March 11, dropping to 0.0160.

This high-to-low spread represents a total annual volatility of 0.0014 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0162 to the December average rate of 0.0172, the exchange rate registered a net change of 6.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0175 was up 5.38% compared to the 2023 peak of 0.0166, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 87 PHP
2023 Average 80 PHP
Yearly Trough Low 80 PHP
Transaction Impact: A difference of 7.24 PHP purely based on transaction execution date.

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0.0174
0.0161
JanuMarcMayJulySeptNove

MNT to PHP 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 0.0165, compared to 0.0169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0165
H2 Avg (Jul–Dec) 0.0169

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0007 PHP (High: 0.0172 / Low: 0.0166). On the other end, June was the most stable month, with a tight range of 0.0002 PHP (High: 0.0171 / Low: 0.0169).

October Spread (Volatile) Âą0.0007
June Spread (Stable) Âą0.0002

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0172) against the same month in 2023 (average: 0.0161), the exchange rate shifted by +0.0011 (+6.85%).

2024 Avg (December) 0.0172
2023 Avg (December) 0.0161

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Month High Low Average
January 0.0163 0.0161 0.0162
February 0.0163 0.0162 0.0162
March 0.0163 0.0160 0.0162
April 0.0168 0.0163 0.0165
May 0.0170 0.0165 0.0167
June 0.0171 0.0169 0.0170
July 0.0173 0.0169 0.0170
August 0.0172 0.0165 0.0168
September 0.0166 0.0164 0.0165
October 0.0172 0.0166 0.0169
November 0.0174 0.0171 0.0173
December 0.0175 0.0170 0.0172