2024 BZD to MNT Historical Review

YEARLY HIGH

1720.5781 MNT

YEARLY LOW

1676.4104 MNT

YEARLY AVERAGE

1700.5970 MNT

2024 BZD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 1720.5781. Conversely, the yearly low was recorded on November 10, dropping to 1676.4104.

This high-to-low spread represents a total annual volatility of 44.1677 MNT. From a start-to-finish perspective, comparing the January average rate of 1711.8434 to the December average rate of 1688.7442, the exchange rate registered a net change of -1.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1720.5781 was down 2.74% compared to the 2023 peak of 1769.1160, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,602,891 MNT

2023 Average 8,592,189 MNT

Yearly Trough Low 8,382,052 MNT

Transaction Impact: A difference of 220,838.72 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1715.3737

1681.8850

JanuMarcMayJulySeptNove

BZD 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 1711.9570, compared to 1689.2370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 22.7199 points.

H1 Avg (Jan–Jun) 1711.9570

H2 Avg (Jul–Dec) 1689.2370

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 31.3621 MNT (High: 1716.5127 / Low: 1685.1506). On the other end, September was the most stable month, with a tight range of 7.0123 MNT (High: 1689.9486 / Low: 1682.9364).

July Spread (Volatile) ±31.3621

September Spread (Stable) ±7.0123

Growth Streaks & Declines

Trends

Between October and December, 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 16.5629 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -16.5629

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 1712.2668) against the same month in 2023 (average: 1746.6514), the exchange rate shifted by -34.3847 (-1.97%).

2024 Avg (May) 1712.2668

2023 Avg (May) 1746.6514

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1716.3752	1706.7666	1711.8434
February	1715.1013	1696.0401	1711.2829
March	1719.2243	1707.0875	1712.5830
April	1716.1848	1707.3705	1712.2592
May	1720.5781	1709.7889	1712.2668
June	1715.6403	1700.3995	1711.5067
July	1716.5127	1685.1506	1703.8227
August	1701.1026	1681.1055	1687.2597
September	1689.9486	1682.9364	1685.4975
October	1687.2165	1678.8977	1684.6757
November	1693.4033	1676.4104	1685.4225
December	1697.2103	1683.2732	1688.7442