2024 KWD to MNT Historical Review

YEARLY HIGH

11296.6971 MNT

YEARLY LOW

11016.5508 MNT

YEARLY AVERAGE

11167.6307 MNT

2024 KWD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 11296.6971. Conversely, the yearly low was recorded on December 29, dropping to 11016.5508.

This high-to-low spread represents a total annual volatility of 280.1463 MNT. From a start-to-finish perspective, comparing the January average rate of 11217.0726 to the December average rate of 11042.4510, the exchange rate registered a net change of -1.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 11296.6971 was down 1.99% compared to the 2023 peak of 11526.4808, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,483,486 MNT

2023 Average 56,327,525 MNT

Yearly Trough Low 55,082,754 MNT

Transaction Impact: A difference of 1,400,731.73 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11274.4672

11021.3587

JanuMarcMayJulySeptNove

KWD 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 11222.9324, compared to 11112.3291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 110.6033 points.

H1 Avg (Jan–Jun) 11222.9324

H2 Avg (Jul–Dec) 11112.3291

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 187.1117 MNT (High: 11296.6971 / Low: 11109.5854). On the other end, January was the most stable month, with a tight range of 28.0147 MNT (High: 11232.1872 / Low: 11204.1725).

July Spread (Volatile) ±187.1117

January Spread (Stable) ±28.0147

Growth Streaks & Declines

Trends

Between April and June, 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 July and August, when the average rate fell by 104.8074 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -104.8074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 11225.5597) against the same month in 2023 (average: 11442.9653), the exchange rate shifted by -217.4056 (-1.90%).

2024 Avg (July) 11225.5597

2023 Avg (July) 11442.9653

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11232.1872	11204.1725	11217.0726
February	11244.3412	11189.5642	11208.4168
March	11240.5311	11208.5770	11221.9978
April	11222.5414	11187.7136	11205.3032
May	11256.6684	11194.7563	11231.4292
June	11268.3969	11229.0432	11253.3748
July	11296.6971	11109.5854	11225.5597
August	11172.5598	11094.4959	11120.7523
September	11151.5502	11118.5642	11132.9105
October	11122.2399	11079.0499	11090.0670
November	11130.1089	11037.5204	11062.2338
December	11066.2772	11016.5508	11042.4510