2024 GTQ to MNT Historical Review

YEARLY HIGH

446.3778 MNT

YEARLY LOW

437.1216 MNT

YEARLY AVERAGE

441.4915 MNT

2024 GTQ to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GTQ to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 446.3778. Conversely, the yearly low was recorded on November 10, dropping to 437.1216.

This high-to-low spread represents a total annual volatility of 9.2562 MNT. From a start-to-finish perspective, comparing the January average rate of 441.3027 to the December average rate of 440.9516, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 446.3778 was down 2.30% compared to the 2023 peak of 456.8789, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,231,889 MNT

2023 Average 2,210,900 MNT

Yearly Trough Low 2,185,608 MNT

Transaction Impact: A difference of 46,281.10 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

444.7096

438.4999

JanuMarcMayJulySeptNove

GTQ 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 442.8578, compared to 440.1252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7326 points.

H1 Avg (Jan–Jun) 442.8578

H2 Avg (Jul–Dec) 440.1252

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 7.8390 MNT (High: 445.6437 / Low: 437.8047). On the other end, September was the most stable month, with a tight range of 1.9400 MNT (High: 440.5294 / Low: 438.5894).

July Spread (Volatile) ±7.8390

September Spread (Stable) ±1.9400

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 3.4193 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -3.4193

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 444.1736) against the same month in 2023 (average: 450.9888), the exchange rate shifted by -6.8152 (-1.51%).

2024 Avg (May) 444.1736

2023 Avg (May) 450.9888

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	442.8132	439.7804	441.3027
February	442.9905	437.5836	441.7041
March	444.3163	440.6633	442.3265
April	444.5504	442.4165	443.4475
May	446.3778	443.4052	444.1736
June	445.5487	441.0871	444.1921
July	445.6437	437.8047	442.4367
August	442.4327	437.2529	439.0174
September	440.5294	438.5894	439.2865
October	440.0545	437.3437	439.1120
November	441.8234	437.1216	439.9471
December	442.7755	439.7911	440.9516