2024 GYD to MNT Historical Review

YEARLY HIGH

16.5768 MNT

YEARLY LOW

16.1241 MNT

YEARLY AVERAGE

16.3793 MNT

2024 GYD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 16.5768. Conversely, the yearly low was recorded on March 13, dropping to 16.1241.

This high-to-low spread represents a total annual volatility of 0.4527 MNT. From a start-to-finish perspective, comparing the January average rate of 16.4855 to the December average rate of 16.2493, the exchange rate registered a net change of -1.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 16.5768 was down 1.48% compared to the 2023 peak of 16.8264, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 82,884 MNT

2023 Average 82,375 MNT

Yearly Trough Low 80,620 MNT

Transaction Impact: A difference of 2,263.54 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16.5176

16.2077

JanuMarcMayJulySeptNove

GYD 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 16.4864, compared to 16.2723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2140 points.

H1 Avg (Jan–Jun) 16.4864

H2 Avg (Jul–Dec) 16.2723

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.4399 MNT (High: 16.5639 / Low: 16.1241). On the other end, September was the most stable month, with a tight range of 0.0676 MNT (High: 16.2820 / Low: 16.2143).

March Spread (Volatile) ±0.4399

September Spread (Stable) ±0.0676

Growth Streaks & Declines

Trends

Between March and May, 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 July and August, when the average rate fell by 0.1597 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1597

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 16.4918) against the same month in 2023 (average: 16.6465), the exchange rate shifted by -0.1547 (-0.93%).

2024 Avg (May) 16.4918

2023 Avg (May) 16.6465

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.5369	16.4311	16.4855
February	16.5250	16.3407	16.4834
March	16.5639	16.1241	16.4802
April	16.5345	16.4499	16.4871
May	16.5768	16.4523	16.4918
June	16.5348	16.3822	16.4901
July	16.5448	16.2359	16.4154
August	16.3904	16.1973	16.2557
September	16.2820	16.2143	16.2396
October	16.2631	16.1755	16.2335
November	16.3160	16.1511	16.2405
December	16.3070	16.2232	16.2493