2024 ILS to MNT Historical Review

YEARLY HIGH

967.4434 MNT

YEARLY LOW

886.6386 MNT

YEARLY AVERAGE

926.1822 MNT

2024 ILS to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 967.4434. Conversely, the yearly low was recorded on August 6, dropping to 886.6386.

This high-to-low spread represents a total annual volatility of 80.8048 MNT. From a start-to-finish perspective, comparing the January average rate of 930.4231 to the December average rate of 937.8817, the exchange rate registered a net change of 0.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 967.4434 was down 4.48% compared to the 2023 peak of 1012.8082, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,837,217 MNT

2023 Average 4,702,794 MNT

Yearly Trough Low 4,433,193 MNT

Transaction Impact: A difference of 404,023.97 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

954.5292

897.7239

JanuMarcMayJulySeptNove

ILS 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 933.5315, compared to 918.8328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.6987 points.

H1 Avg (Jan–Jun) 933.5315

H2 Avg (Jul–Dec) 918.8328

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 51.3339 MNT (High: 954.9552 / Low: 903.6213). On the other end, June was the most stable month, with a tight range of 24.4097 MNT (High: 940.5132 / Low: 916.1035).

July Spread (Volatile) ±51.3339

June Spread (Stable) ±24.4097

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 31.8667 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -31.8667

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 949.7954) against the same month in 2023 (average: 943.4238), the exchange rate shifted by +6.3717 (+0.68%).

2024 Avg (March) 949.7954

2023 Avg (March) 943.4238

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	957.6417	908.7880	930.4231
February	965.8590	933.1038	946.8082
March	967.4434	934.0471	949.7954
April	938.1195	901.8608	917.9287
May	942.9937	918.5683	932.0200
June	940.5132	916.1035	924.2137
July	954.9552	903.6213	934.9257
August	936.6313	886.6386	913.2585
September	935.9038	897.8136	910.9614
October	918.0047	890.4741	902.4577
November	935.0853	904.6666	913.5119
December	953.3883	922.3004	937.8817