2024 KGS to MNT Historical Review

YEARLY HIGH

40.7596 MNT

YEARLY LOW

38.5432 MNT

YEARLY AVERAGE

39.3409 MNT

2024 KGS to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 40.7596. Conversely, the yearly low was recorded on March 27, dropping to 38.5432.

This high-to-low spread represents a total annual volatility of 2.2164 MNT. From a start-to-finish perspective, comparing the January average rate of 38.6536 to the December average rate of 39.0988, the exchange rate registered a net change of 1.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 40.7596 was up 0.58% compared to the 2023 peak of 40.5238, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 203,798 MNT

2023 Average 197,072 MNT

Yearly Trough Low 192,716 MNT

Transaction Impact: A difference of 11,081.95 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

40.5539

38.3784

JanuMarcMayJulySeptNove

KGS 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 38.8740, compared to 39.8078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9338 points.

H1 Avg (Jan–Jun) 38.8740

H2 Avg (Jul–Dec) 39.8078

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.8059 MNT (High: 40.7596 / Low: 39.9537). On the other end, February was the most stable month, with a tight range of 0.0475 MNT (High: 38.6252 / Low: 38.5777).

July Spread (Volatile) ±0.8059

February Spread (Stable) ±0.0475

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.4758 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4758

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 40.3726) against the same month in 2023 (average: 40.0163), the exchange rate shifted by +0.3563 (+0.89%).

2024 Avg (July) 40.3726

2023 Avg (July) 40.0163

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.7329	38.6252	38.6536
February	38.6252	38.5777	38.5843
March	38.5907	38.5432	38.5597
April	38.9119	38.5874	38.7374
May	39.3387	38.9030	39.0955
June	39.9096	39.2671	39.6137
July	40.7596	39.9537	40.3726
August	40.4379	39.6499	39.8979
September	40.3563	40.0164	40.2937
October	40.3365	39.6037	39.8299
November	39.6037	39.1475	39.3541
December	39.1478	39.0575	39.0988