YEARLY HIGH
26.2698 MNT
YEARLY LOW
25.6661 MNT
YEARLY AVERAGE
25.9639 MNT

2024 HTG to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HTG to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 26.2698. Conversely, the yearly low was recorded on October 6, dropping to 25.6661.

This high-to-low spread represents a total annual volatility of 0.6037 MNT. From a start-to-finish perspective, comparing the January average rate of 26.2068 to the December average rate of 25.9745, the exchange rate registered a net change of -0.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 26.2698 was up 0.35% compared to the 2023 peak of 26.1792, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 131,349 MNT
2023 Average 122,661 MNT
Yearly Trough Low 128,331 MNT
Transaction Impact: A difference of 3,018.57 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

26.2507
25.7241
JanuMarcMayJulySeptNove

HTG 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 26.0675, compared to 25.8603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2071 points.

H1 Avg (Jan–Jun) 26.0675
H2 Avg (Jul–Dec) 25.8603

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.4460 MNT (High: 26.1770 / Low: 25.7310). On the other end, April was the most stable month, with a tight range of 0.1251 MNT (High: 26.0996 / Low: 25.9745).

July Spread (Volatile) ±0.4460
April Spread (Stable) ±0.1251

Growth Streaks & Declines

Trends

Between September and December, 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 0.1886 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1886

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 26.2068) against the same month in 2023 (average: 22.9519), the exchange rate shifted by +3.2549 (+14.18%).

2024 Avg (January) 26.2068
2023 Avg (January) 22.9519

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.2698 26.0882 26.2068
February 26.2502 25.9937 26.1208
March 26.1384 25.9529 26.0354
April 26.0996 25.9745 26.0298
May 26.0814 25.8768 26.0044
June 26.0840 25.8380 26.0075
July 26.1770 25.7310 25.9887
August 26.0448 25.7003 25.8001
September 25.8457 25.7045 25.7680
October 25.8380 25.6661 25.7769
November 25.9847 25.6790 25.8538
December 26.0780 25.8995 25.9745