2024 HKD to MNT Historical Review

YEARLY HIGH

442.3843 MNT

YEARLY LOW

434.8494 MNT

YEARLY AVERAGE

439.1802 MNT

2024 HKD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 442.3843. Conversely, the yearly low was recorded on August 1, dropping to 434.8494.

This high-to-low spread represents a total annual volatility of 7.5349 MNT. From a start-to-finish perspective, comparing the January average rate of 441.3710 to the December average rate of 437.1175, the exchange rate registered a net change of -0.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 442.3843 was down 1.93% compared to the 2023 peak of 451.0700, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 11,059,606 MNT

2023 Average 11,055,008 MNT

Yearly Trough Low 10,871,234 MNT

Transaction Impact: A difference of 188,372.05 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

442.3149

435.2188

JanuMarcMayJulySeptNove

HKD 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 441.2316, compared to 437.1287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.1029 points.

H1 Avg (Jan–Jun) 441.2316

H2 Avg (Jul–Dec) 437.1287

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 7.0007 MNT (High: 441.9253 / Low: 434.9245). On the other end, March was the most stable month, with a tight range of 0.5255 MNT (High: 441.2033 / Low: 440.6777).

July Spread (Volatile) ±7.0007

March Spread (Stable) ±0.5255

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 July and August, when the average rate fell by 3.7983 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.7983

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 441.6772) against the same month in 2023 (average: 449.0236), the exchange rate shifted by -7.3464 (-1.64%).

2024 Avg (May) 441.6772

2023 Avg (May) 449.0236

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	441.9309	440.8194	441.3710
February	441.3034	440.6986	441.0839
March	441.2033	440.6777	440.9755
April	440.9715	440.1830	440.5584
May	442.3843	440.9988	441.6772
June	442.0414	441.1852	441.7235
July	441.9253	434.9245	439.6085
August	436.3123	434.8494	435.8102
September	437.1908	435.5268	436.1349
October	437.7271	437.0559	437.3452
November	437.2639	436.3885	436.7561
December	437.7597	436.5241	437.1175