2024 BND to MNT Historical Review

YEARLY HIGH

2652.5282 MNT

YEARLY LOW

2492.6131 MNT

YEARLY AVERAGE

2565.0406 MNT

2024 BND to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 2652.5282. Conversely, the yearly low was recorded on December 31, dropping to 2492.6131.

This high-to-low spread represents a total annual volatility of 159.9151 MNT. From a start-to-finish perspective, comparing the January average rate of 2584.2438 to the December average rate of 2517.0885, the exchange rate registered a net change of -2.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2652.5282 was down 0.71% compared to the 2023 peak of 2671.4909, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,262,641 MNT

2023 Average 12,894,976 MNT

Yearly Trough Low 12,463,066 MNT

Transaction Impact: A difference of 799,575.28 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2631.5017

2506.6873

JanuMarcMayJulySeptNove

BND 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 2562.1145, compared to 2567.9668 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.8523 points.

H1 Avg (Jan–Jun) 2562.1145

H2 Avg (Jul–Dec) 2567.9668

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 77.9672 MNT (High: 2641.2091 / Low: 2563.2418). On the other end, June was the most stable month, with a tight range of 23.0806 MNT (High: 2564.7774 / Low: 2541.6967).

October Spread (Volatile) ±77.9672

June Spread (Stable) ±23.0806

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 50.4300 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -50.4300

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2621.1005) against the same month in 2023 (average: 2532.4429), the exchange rate shifted by +88.6576 (+3.50%).

2024 Avg (September) 2621.1005

2023 Avg (September) 2532.4429

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2607.5659	2567.1477	2584.2438
February	2583.1435	2555.9797	2565.7370
March	2593.8991	2553.4126	2573.6548
April	2563.5386	2528.4320	2544.0342
May	2573.3882	2527.9263	2553.2083
June	2564.7774	2541.6967	2551.8090
July	2576.7055	2524.7459	2550.2158
August	2617.9866	2541.6002	2582.8416
September	2652.5282	2595.0520	2621.1005
October	2641.2091	2563.2418	2593.4922
November	2580.8882	2518.0834	2543.0622
December	2541.2961	2492.6131	2517.0885