2024 JOD to MNT Historical Review

YEARLY HIGH

4868.0683 MNT

YEARLY LOW

4789.9633 MNT

YEARLY AVERAGE

4833.9642 MNT

2024 JOD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 4868.0683. Conversely, the yearly low was recorded on December 18, dropping to 4789.9633.

This high-to-low spread represents a total annual volatility of 78.1049 MNT. From a start-to-finish perspective, comparing the January average rate of 4863.0879 to the December average rate of 4791.0746, the exchange rate registered a net change of -1.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 4868.0683 was down 1.92% compared to the 2023 peak of 4963.3286, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24,340,341 MNT

2023 Average 24,407,000 MNT

Yearly Trough Low 23,949,817 MNT

Transaction Impact: A difference of 390,524.72 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4875.0878

4783.4370

JanuMarcMayJulySeptNove

JOD 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 4866.1687, compared to 4801.7597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 64.4090 points.

H1 Avg (Jan–Jun) 4866.1687

H2 Avg (Jul–Dec) 4801.7597

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 73.3738 MNT (High: 4868.0683 / Low: 4794.6945). On the other end, March was the most stable month, with a tight range of 0.6864 MNT (High: 4866.6949 / Low: 4866.0085).

July Spread (Volatile) ±73.3738

March Spread (Stable) ±0.6864

Growth Streaks & Declines

Trends

Between January and April, 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 49.6813 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -49.6813

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 4867.4045) against the same month in 2023 (average: 4960.6699), the exchange rate shifted by -93.2654 (-1.88%).

2024 Avg (April) 4867.4045

2023 Avg (April) 4960.6699

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4864.6362	4861.8940	4863.0879
February	4866.0085	4864.6362	4865.3696
March	4866.6949	4866.0085	4866.5842
April	4868.0683	4866.6949	4867.4045
May	4868.0683	4866.6949	4867.1157
June	4868.0683	4866.6949	4867.4502
July	4868.0683	4794.6945	4844.2886
August	4796.0480	4794.0181	4794.6073
September	4796.0480	4794.6945	4794.8975
October	4796.0480	4790.6387	4794.1057
November	4791.9898	4789.9633	4791.5845
December	4791.9898	4789.9633	4791.0746