2024 CRC to MNT Historical Review

YEARLY HIGH

6.9259 MNT

YEARLY LOW

6.4083 MNT

YEARLY AVERAGE

6.6486 MNT

2024 CRC to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 6.9259. Conversely, the yearly low was recorded on July 24, dropping to 6.4083.

This high-to-low spread represents a total annual volatility of 0.5176 MNT. From a start-to-finish perspective, comparing the January average rate of 6.6737 to the December average rate of 6.7177, the exchange rate registered a net change of 0.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 6.9259 was up 4.31% compared to the 2023 peak of 6.6398, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,630 MNT

2023 Average 31,992 MNT

Yearly Trough Low 32,041 MNT

Transaction Impact: A difference of 2,588.25 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6.8816

6.4401

JanuMarcMayJulySeptNove

CRC 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 6.7148, compared to 6.5823 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1325 points.

H1 Avg (Jan–Jun) 6.7148

H2 Avg (Jul–Dec) 6.5823

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.2114 MNT (High: 6.6197 / Low: 6.4083). On the other end, November was the most stable month, with a tight range of 0.0966 MNT (High: 6.7026 / Low: 6.6060).

July Spread (Volatile) ±0.2114

November Spread (Stable) ±0.0966

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1650 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1650

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 6.8448) against the same month in 2023 (average: 6.5705), the exchange rate shifted by +0.2744 (+4.18%).

2024 Avg (April) 6.8448

2023 Avg (April) 6.5705

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.7542	6.6210	6.6737
February	6.7390	6.6369	6.6894
March	6.8679	6.7086	6.7848
April	6.9259	6.7731	6.8448
May	6.7765	6.6228	6.7306
June	6.6263	6.4849	6.5656
July	6.6197	6.4083	6.5202
August	6.5726	6.4143	6.4769
September	6.5722	6.4518	6.5414
October	6.6351	6.5242	6.5819
November	6.7026	6.6060	6.6558
December	6.7788	6.6738	6.7177