2024 JPY to MNT Historical Review

YEARLY HIGH

24.4481 MNT

YEARLY LOW

21.3496 MNT

YEARLY AVERAGE

22.6469 MNT

2024 JPY to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 24.4481. Conversely, the yearly low was recorded on July 10, dropping to 21.3496.

This high-to-low spread represents a total annual volatility of 3.0985 MNT. From a start-to-finish perspective, comparing the January average rate of 23.6070 to the December average rate of 22.0682, the exchange rate registered a net change of -6.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 24.4481 was down 9.03% compared to the 2023 peak of 26.8754, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 12,224,073 MNT

2023 Average 12,346,108 MNT

Yearly Trough Low 10,674,802 MNT

Transaction Impact: A difference of 1,549,270.36 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

23.9499

21.6013

JanuMarcMayJulySeptNove

JPY 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 22.6806, compared to 22.6131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0675 points.

H1 Avg (Jan–Jun) 22.6806

H2 Avg (Jul–Dec) 22.6131

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 1.4684 MNT (High: 23.6388 / Low: 22.1704). On the other end, May was the most stable month, with a tight range of 0.6537 MNT (High: 22.5409 / Low: 21.8872).

October Spread (Volatile) ±1.4684

May Spread (Stable) ±0.6537

Growth Streaks & Declines

Trends

Between July and September, 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 September and October, when the average rate fell by 1.0834 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.0834

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 23.6070) against the same month in 2023 (average: 26.1751), the exchange rate shifted by -2.5680 (-9.81%).

2024 Avg (January) 23.6070

2023 Avg (January) 26.1751

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	24.4481	23.2709	23.6070
February	23.5551	22.8893	23.0596
March	23.5113	22.7517	23.0389
April	22.8028	21.8075	22.4006
May	22.5409	21.8872	22.1547
June	22.2410	21.4382	21.8229
July	22.6863	21.3496	21.7970
August	23.6094	22.7699	23.2404
September	24.1337	23.1550	23.7542
October	23.6388	22.1704	22.6708
November	22.6904	21.7125	22.1483
December	22.7262	21.5208	22.0682