2024 LAK to MNT Historical Review

YEARLY HIGH

0.1681 MNT

YEARLY LOW

0.1531 MNT

YEARLY AVERAGE

0.1589 MNT

2024 LAK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LAK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1681. Conversely, the yearly low was recorded on August 3, dropping to 0.1531.

This high-to-low spread represents a total annual volatility of 0.0150 MNT. From a start-to-finish perspective, comparing the January average rate of 0.1671 to the December average rate of 0.1552, the exchange rate registered a net change of -7.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1681 was down 19.04% compared to the 2023 peak of 0.2077, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 841 MNT

2023 Average 932 MNT

Yearly Trough Low 765 MNT

Transaction Impact: A difference of 75.08 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1684

0.1523

JanuMarcMayJulySeptNove

LAK 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 0.1633, compared to 0.1545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 0.1633

H2 Avg (Jul–Dec) 0.1545

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0044 MNT (High: 0.1607 / Low: 0.1563). On the other end, September was the most stable month, with a tight range of 0.0010 MNT (High: 0.1541 / Low: 0.1531).

June Spread (Volatile) ±0.0044

September Spread (Stable) ±0.0010

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 0.0033 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1671) against the same month in 2023 (average: 0.2006), the exchange rate shifted by -0.0335 (-16.69%).

2024 Avg (January) 0.1671

2023 Avg (January) 0.2006

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1681	0.1663	0.1671
February	0.1663	0.1646	0.1655
March	0.1661	0.1636	0.1649
April	0.1635	0.1612	0.1624
May	0.1625	0.1605	0.1615
June	0.1607	0.1563	0.1582
July	0.1566	0.1532	0.1551
August	0.1548	0.1531	0.1536
September	0.1541	0.1531	0.1537
October	0.1553	0.1532	0.1546
November	0.1554	0.1542	0.1548
December	0.1559	0.1548	0.1552