2024 GMD to MNT Historical Review

YEARLY HIGH

51.3393 MNT

YEARLY LOW

47.1944 MNT

YEARLY AVERAGE

49.8316 MNT

2024 GMD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 51.3393. Conversely, the yearly low was recorded on December 13, dropping to 47.1944.

This high-to-low spread represents a total annual volatility of 4.1448 MNT. From a start-to-finish perspective, comparing the January average rate of 51.2695 to the December average rate of 47.3191, the exchange rate registered a net change of -7.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 51.3393 was down 13.49% compared to the 2023 peak of 59.3423, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 256,696 MNT

2023 Average 278,415 MNT

Yearly Trough Low 235,972 MNT

Transaction Impact: A difference of 20,724.21 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

51.6646

46.9241

JanuMarcMayJulySeptNove

GMD 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 50.9538, compared to 48.7094 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2444 points.

H1 Avg (Jan–Jun) 50.9538

H2 Avg (Jul–Dec) 48.7094

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 2.1422 MNT (High: 50.3407 / Low: 48.1986). On the other end, June was the most stable month, with a tight range of 0.0188 MNT (High: 50.9225 / Low: 50.9037).

October Spread (Volatile) ±2.1422

June Spread (Stable) ±0.0188

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.9585 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.9585

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 51.2695) against the same month in 2023 (average: 54.9295), the exchange rate shifted by -3.6600 (-6.66%).

2024 Avg (January) 51.2695

2023 Avg (January) 54.9295

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	51.3393	51.1680	51.2695
February	51.2821	50.7540	51.0347
March	50.8100	50.7540	50.7865
April	50.9225	50.7726	50.8134
May	50.9225	50.8100	50.9063
June	50.9225	50.9037	50.9122
July	50.9225	48.8921	50.6169
August	49.2464	47.8592	48.6584
September	49.6058	47.8592	48.8523
October	50.3407	48.1986	49.0508
November	48.1986	47.5245	47.7589
December	47.8592	47.1944	47.3191