2024 CHF to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CHF to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CHF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 4097.8008. Conversely, the yearly low was recorded on December 31, dropping to 3743.5400.
This high-to-low spread represents a total annual volatility of 354.2609 MNT. From a start-to-finish perspective, comparing the January average rate of 4020.4208 to the December average rate of 3809.8995, the exchange rate registered a net change of -5.24% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 4097.8008 was down 0.12% compared to the 2023 peak of 4102.7715, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CHF 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 3880.0934, compared to 3906.4595 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 26.3661 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 144.6557 MNT (High: 4037.1014 / Low: 3892.4457). On the other end, September was the most stable month, with a tight range of 54.1904 MNT (High: 4039.3522 / Low: 3985.1618).
Growth Streaks & Declines
TrendsBetween April and June, 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 March and April, when the average rate fell by 91.1088 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 4020.4208) against the same month in 2023 (average: 3687.1839), the exchange rate shifted by +333.2369 (+9.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4097.8008 | 3966.9125 | 4020.4208 |
| February | 4022.6762 | 3887.3677 | 3934.3804 |
| March | 3932.3006 | 3809.4691 | 3882.0111 |
| April | 3826.6579 | 3751.4313 | 3790.9024 |
| May | 3830.3967 | 3765.1054 | 3795.2551 |
| June | 3901.7924 | 3821.7661 | 3857.5905 |
| July | 3910.2878 | 3811.4894 | 3849.9226 |
| August | 4037.1014 | 3892.4457 | 3962.9559 |
| September | 4039.3522 | 3985.1618 | 4011.7571 |
| October | 4015.3571 | 3912.3847 | 3945.1228 |
| November | 3939.7467 | 3801.7454 | 3859.0989 |
| December | 3868.6790 | 3743.5400 | 3809.8995 |