2024 DOP to MNT Historical Review

YEARLY HIGH

59.5364 MNT

YEARLY LOW

55.6065 MNT

YEARLY AVERAGE

57.6704 MNT

2024 DOP to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 59.5364. Conversely, the yearly low was recorded on December 31, dropping to 55.6065.

This high-to-low spread represents a total annual volatility of 3.9299 MNT. From a start-to-finish perspective, comparing the January average rate of 58.8776 to the December average rate of 55.9861, the exchange rate registered a net change of -4.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 59.5364 was down 8.54% compared to the 2023 peak of 65.0969, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 297,682 MNT

2023 Average 309,284 MNT

Yearly Trough Low 278,033 MNT

Transaction Impact: A difference of 19,649.37 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

59.3082

55.6841

JanuMarcMayJulySeptNove

DOP 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 58.6246, compared to 56.7162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9084 points.

H1 Avg (Jan–Jun) 58.6246

H2 Avg (Jul–Dec) 56.7162

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 1.3085 MNT (High: 59.5364 / Low: 58.2278). On the other end, October was the most stable month, with a tight range of 0.3294 MNT (High: 56.4709 / Low: 56.1415).

May Spread (Volatile) ±1.3085

October Spread (Stable) ±0.3294

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 July and August, when the average rate fell by 1.0329 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.0329

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 59.0062) against the same month in 2023 (average: 64.5321), the exchange rate shifted by -5.5259 (-8.56%).

2024 Avg (May) 59.0062

2023 Avg (May) 64.5321

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	59.5260	58.4716	58.8776
February	58.9962	58.5242	58.7754
March	58.9109	58.1297	58.4670
April	58.9851	58.0466	58.3934
May	59.5364	58.2278	59.0062
June	58.5772	57.6317	58.2280
July	58.5353	57.2797	58.0438
August	57.6441	56.6806	57.0109
September	56.9610	56.2350	56.6265
October	56.4709	56.1415	56.3217
November	56.5372	56.1265	56.3083
December	56.3558	55.6065	55.9861