2024 KES to MNT Historical Review

YEARLY HIGH

27.1376 MNT

YEARLY LOW

21.0380 MNT

YEARLY AVERAGE

25.5574 MNT

2024 KES to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 27.1376. Conversely, the yearly low was recorded on February 4, dropping to 21.0380.

This high-to-low spread represents a total annual volatility of 6.0996 MNT. From a start-to-finish perspective, comparing the January average rate of 21.5967 to the December average rate of 26.2764, the exchange rate registered a net change of 21.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 27.1376 was down 1.70% compared to the 2023 peak of 27.6066, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 135,688 MNT

2023 Average 124,298 MNT

Yearly Trough Low 105,190 MNT

Transaction Impact: A difference of 30,498.07 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

27.1179

21.0947

JanuMarcMayJulySeptNove

KES 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 24.7533, compared to 26.3615 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6082 points.

H1 Avg (Jan–Jun) 24.7533

H2 Avg (Jul–Dec) 26.3615

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 3.1434 MNT (High: 24.1814 / Low: 21.0380). On the other end, October was the most stable month, with a tight range of 0.0776 MNT (High: 26.3635 / Low: 26.2859).

February Spread (Volatile) ±3.1434

October Spread (Stable) ±0.0776

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 0.3001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 26.6086) against the same month in 2023 (average: 24.8242), the exchange rate shifted by +1.7844 (+7.19%).

2024 Avg (July) 26.6086

2023 Avg (July) 24.8242

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.1437	21.1009	21.5967
February	24.1814	21.0380	22.6801
March	26.1563	23.4694	25.1171
April	27.1320	25.6506	26.2799
May	26.9268	25.5556	26.2300
June	26.8482	26.2635	26.6160
July	27.1376	25.7787	26.6086
August	26.4410	26.1385	26.3085
September	26.4431	26.3044	26.3519
October	26.3635	26.2859	26.3345
November	26.3733	26.1756	26.2892
December	26.4259	26.2198	26.2764