YEARLY HIGH
41.8843 MNT
YEARLY LOW
39.6704 MNT
YEARLY AVERAGE
40.9710 MNT

2024 BTN to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 41.8843. Conversely, the yearly low was recorded on December 29, dropping to 39.6704.

This high-to-low spread represents a total annual volatility of 2.2139 MNT. From a start-to-finish perspective, comparing the January average rate of 41.5160 to the December average rate of 40.0008, the exchange rate registered a net change of -3.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 41.8843 was down 3.92% compared to the 2023 peak of 43.5915, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 209,422 MNT
2023 Average 209,713 MNT
Yearly Trough Low 198,352 MNT
Transaction Impact: A difference of 11,069.52 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

41.7367
39.8429
JanuMarcMayJulySeptNove

BTN 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 41.4635, compared to 40.4784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9851 points.

H1 Avg (Jan–Jun) 41.4635
H2 Avg (Jul–Dec) 40.4784

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.8548 MNT (High: 41.4233 / Low: 40.5686). On the other end, October was the most stable month, with a tight range of 0.2443 MNT (High: 40.5733 / Low: 40.3291).

July Spread (Volatile) ±0.8548
October Spread (Stable) ±0.2443

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.5443 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5443

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 41.5789) against the same month in 2023 (average: 41.4876), the exchange rate shifted by +0.0913 (+0.22%).

2024 Avg (March) 41.5789
2023 Avg (March) 41.4876

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.6731 41.0587 41.5160
February 41.6960 41.2419 41.5722
March 41.8843 41.3823 41.5789
April 41.5265 41.2806 41.3934
May 41.6223 41.1124 41.3915
June 41.5245 41.0817 41.3290
July 41.4233 40.5686 41.0835
August 40.9503 40.4184 40.5391
September 40.7195 40.3994 40.5437
October 40.5733 40.3291 40.4155
November 40.4518 40.0511 40.2880
December 40.2486 39.6704 40.0008