2024 BRL to MNT Historical Review

YEARLY HIGH

710.7687 MNT

YEARLY LOW

504.6110 MNT

YEARLY AVERAGE

638.7156 MNT

2024 BRL to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BRL to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 710.7687. Conversely, the yearly low was recorded on December 25, dropping to 504.6110.

This high-to-low spread represents a total annual volatility of 206.1577 MNT. From a start-to-finish perspective, comparing the January average rate of 702.8674 to the December average rate of 555.2533, the exchange rate registered a net change of -21.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 710.7687 was down 4.52% compared to the 2023 peak of 744.3996, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 17,769,217 MNT

2023 Average 17,349,308 MNT

Yearly Trough Low 12,615,275 MNT

Transaction Impact: A difference of 5,153,941.55 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

717.6288

540.4919

JanuMarcMayJulySeptNove

BRL 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 679.0393, compared to 598.3918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 80.6476 points.

H1 Avg (Jan–Jun) 679.0393

H2 Avg (Jul–Dec) 598.3918

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 66.0019 MNT (High: 570.6129 / Low: 504.6110). On the other end, February was the most stable month, with a tight range of 11.1114 MNT (High: 701.7330 / Low: 690.6216).

December Spread (Volatile) ±66.0019

February Spread (Stable) ±11.1114

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 May and June, when the average rate fell by 32.1410 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -32.1410

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 702.8674) against the same month in 2023 (average: 656.9428), the exchange rate shifted by +45.9246 (+6.99%).

2024 Avg (January) 702.8674

2023 Avg (January) 656.9428

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	710.7687	691.4105	702.8674
February	701.7330	690.6216	694.9162
March	699.0598	685.6666	692.2253
April	688.7465	652.5440	673.1058
May	680.1515	657.6565	671.6312
June	657.6565	616.7763	639.4902
July	636.9780	600.5549	619.8531
August	628.4329	590.7408	611.8450
September	626.3248	599.4108	613.4547
October	626.3017	586.7928	604.5638
November	598.5028	564.8929	585.3807
December	570.6129	504.6110	555.2533