2024 CDF to MNT Historical Review

YEARLY HIGH

1.2970 MNT

YEARLY LOW

1.1808 MNT

YEARLY AVERAGE

1.2177 MNT

2024 CDF to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 1.2970. Conversely, the yearly low was recorded on October 30, dropping to 1.1808.

This high-to-low spread represents a total annual volatility of 0.1162 MNT. From a start-to-finish perspective, comparing the January average rate of 1.2676 to the December average rate of 1.1906, the exchange rate registered a net change of -6.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.2970 was down 24.78% compared to the 2023 peak of 1.7243, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,485 MNT

2023 Average 7,478 MNT

Yearly Trough Low 5,904 MNT

Transaction Impact: A difference of 581.20 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.2756

1.1798

JanuMarcMayJulySeptNove

CDF 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 1.2419, compared to 1.1936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0483 points.

H1 Avg (Jan–Jun) 1.2419

H2 Avg (Jul–Dec) 1.1936

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0436 MNT (High: 1.2970 / Low: 1.2534). On the other end, February was the most stable month, with a tight range of 0.0120 MNT (High: 1.2577 / Low: 1.2457).

January Spread (Volatile) ±0.0436

February Spread (Stable) ±0.0120

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 January and February, when the average rate fell by 0.0159 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.2676) against the same month in 2023 (average: 1.6630), the exchange rate shifted by -0.3954 (-23.78%).

2024 Avg (January) 1.2676

2023 Avg (January) 1.6630

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2970	1.2534	1.2676
February	1.2577	1.2457	1.2517
March	1.2488	1.2357	1.2436
April	1.2437	1.2236	1.2359
May	1.2405	1.2208	1.2341
June	1.2341	1.2098	1.2183
July	1.2192	1.1900	1.2073
August	1.2098	1.1819	1.1928
September	1.1997	1.1857	1.1930
October	1.1973	1.1808	1.1901
November	1.1951	1.1819	1.1878
December	1.1992	1.1836	1.1906