2024 BWP to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BWP to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BWP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 261.0112. Conversely, the yearly low was recorded on May 1, dropping to 242.9012.
This high-to-low spread represents a total annual volatility of 18.1101 MNT. From a start-to-finish perspective, comparing the January average rate of 254.0497 to the December average rate of 247.7640, the exchange rate registered a net change of -2.47% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 261.0112 was down 3.64% compared to the 2023 peak of 270.8832, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BWP to MNT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 252.6645, compared to 252.8921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2277 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 13.0533 MNT (High: 255.9545 / Low: 242.9012). On the other end, March was the most stable month, with a tight range of 4.4507 MNT (High: 255.0202 / Low: 250.5695).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 4.2878 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 256.6143) against the same month in 2023 (average: 252.8117), the exchange rate shifted by +3.8026 (+1.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 258.1509 | 251.5869 | 254.0497 |
| February | 254.7225 | 250.0107 | 251.6791 |
| March | 255.0202 | 250.5695 | 252.5350 |
| April | 254.4451 | 242.9545 | 250.9106 |
| May | 255.9545 | 242.9012 | 253.6329 |
| June | 256.2395 | 249.3511 | 253.1795 |
| July | 256.8976 | 249.3740 | 253.4197 |
| August | 256.3760 | 249.6824 | 253.3374 |
| September | 261.0112 | 253.3724 | 256.6143 |
| October | 260.5079 | 253.1072 | 255.2526 |
| November | 256.0736 | 247.5746 | 250.9648 |
| December | 251.4515 | 243.2713 | 247.7640 |