2024 LBP to MNT Historical Review

YEARLY HIGH

0.2303 MNT

YEARLY LOW

0.0377 MNT

YEARLY AVERAGE

0.0657 MNT

2024 LBP to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.2303. Conversely, the yearly low was recorded on November 9, dropping to 0.0377.

This high-to-low spread represents a total annual volatility of 0.1925 MNT. From a start-to-finish perspective, comparing the January average rate of 0.2295 to the December average rate of 0.0380, the exchange rate registered a net change of -83.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2303 was down 89.82% compared to the 2023 peak of 2.2609, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,151 MNT

2023 Average 2,146 MNT

Yearly Trough Low 189 MNT

Transaction Impact: A difference of 962.63 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2487

0.0188

JanuMarcMayJulySeptNove

LBP 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 0.0934, compared to 0.0380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0554 points.

H1 Avg (Jan–Jun) 0.0934

H2 Avg (Jul–Dec) 0.0380

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.1918 MNT (High: 0.2303 / Low: 0.0385). On the other end, September was the most stable month, with a tight range of 0.0001 MNT (High: 0.0380 / Low: 0.0379).

February Spread (Volatile) ±0.1918

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.1383 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1383

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1768) against the same month in 2023 (average: 0.5871), the exchange rate shifted by -0.4103 (-69.89%).

2024 Avg (February) 0.1768

2023 Avg (February) 0.5871

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2302	0.2289	0.2295
February	0.2303	0.0385	0.1768
March	0.0387	0.0384	0.0385
April	0.0386	0.0384	0.0385
May	0.0387	0.0384	0.0385
June	0.0386	0.0383	0.0385
July	0.0387	0.0379	0.0383
August	0.0382	0.0378	0.0380
September	0.0380	0.0379	0.0379
October	0.0380	0.0378	0.0379
November	0.0380	0.0377	0.0379
December	0.0381	0.0379	0.0380