2024 FJD to MNT Historical Review

YEARLY HIGH

1571.7898 MNT

YEARLY LOW

1460.4061 MNT

YEARLY AVERAGE

1523.5923 MNT

2024 FJD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1571.7898. Conversely, the yearly low was recorded on December 31, dropping to 1460.4061.

This high-to-low spread represents a total annual volatility of 111.3836 MNT. From a start-to-finish perspective, comparing the January average rate of 1544.7863 to the December average rate of 1472.8383, the exchange rate registered a net change of -4.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1571.7898 was down 2.66% compared to the 2023 peak of 1614.8128, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,858,949 MNT

2023 Average 7,764,827 MNT

Yearly Trough Low 7,302,031 MNT

Transaction Impact: A difference of 556,918.22 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1551.9811

1465.6435

JanuMarcMayJulySeptNove

FJD 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 1532.8588, compared to 1514.3257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 18.5331 points.

H1 Avg (Jan–Jun) 1532.8588

H2 Avg (Jul–Dec) 1514.3257

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 60.5066 MNT (High: 1550.4654 / Low: 1489.9588). On the other end, June was the most stable month, with a tight range of 26.2533 MNT (High: 1547.9876 / Low: 1521.7343).

October Spread (Volatile) ±60.5066

June Spread (Stable) ±26.2533

Growth Streaks & Declines

Trends

Between 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 November and December, when the average rate fell by 26.4313 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -26.4313

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1544.7863) against the same month in 2023 (average: 1564.3223), the exchange rate shifted by -19.5360 (-1.25%).

2024 Avg (January) 1544.7863

2023 Avg (January) 1564.3223

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1571.7898	1522.0700	1544.7863
February	1543.4860	1516.9169	1533.8881
March	1548.6825	1514.1540	1532.2921
April	1541.4172	1504.4807	1522.2726
May	1549.0302	1505.9912	1529.2436
June	1547.9876	1521.7343	1534.6704
July	1553.4942	1502.8748	1530.0947
August	1543.3178	1497.1142	1523.3677
September	1556.5735	1515.7801	1539.0523
October	1550.4654	1489.9588	1521.3316
November	1518.1843	1479.1277	1499.2696
December	1500.8502	1460.4061	1472.8383