YEARLY HIGH
0.8562 MNT
YEARLY LOW
0.8260 MNT
YEARLY AVERAGE
0.8417 MNT

2024 KHR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KHR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.8562. Conversely, the yearly low was recorded on July 22, dropping to 0.8260.

This high-to-low spread represents a total annual volatility of 0.0302 MNT. From a start-to-finish perspective, comparing the January average rate of 0.8444 to the December average rate of 0.8448, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8562 was down 1.97% compared to the 2023 peak of 0.8734, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,281 MNT
2023 Average 4,213 MNT
Yearly Trough Low 4,130 MNT
Transaction Impact: A difference of 150.91 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8539
0.8295
JanuMarcMayJulySeptNove

KHR 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 0.8464, compared to 0.8370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 0.8464
H2 Avg (Jul–Dec) 0.8370

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0168 MNT (High: 0.8427 / Low: 0.8260). On the other end, October was the most stable month, with a tight range of 0.0035 MNT (High: 0.8373 / Low: 0.8337).

July Spread (Volatile) ±0.0168
October Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between August and December, 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 May and June, when the average rate fell by 0.0086 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.8517) against the same month in 2023 (average: 0.8424), the exchange rate shifted by +0.0093 (+1.11%).

2024 Avg (March) 0.8517
2023 Avg (March) 0.8424

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8477 0.8413 0.8444
February 0.8480 0.8384 0.8453
March 0.8562 0.8466 0.8517
April 0.8559 0.8472 0.8519
May 0.8507 0.8425 0.8468
June 0.8435 0.8322 0.8382
July 0.8427 0.8260 0.8356
August 0.8385 0.8264 0.8316
September 0.8380 0.8322 0.8356
October 0.8373 0.8337 0.8358
November 0.8450 0.8321 0.8388
December 0.8490 0.8388 0.8448