2024 LKR to MNT Historical Review

YEARLY HIGH

11.7298 MNT

YEARLY LOW

10.6219 MNT

YEARLY AVERAGE

11.3602 MNT

2024 LKR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 11.7298. Conversely, the yearly low was recorded on January 1, dropping to 10.6219.

This high-to-low spread represents a total annual volatility of 1.1080 MNT. From a start-to-finish perspective, comparing the January average rate of 10.7475 to the December average rate of 11.6492, the exchange rate registered a net change of 8.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.7298 was down 3.24% compared to the 2023 peak of 12.1230, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,649 MNT

2023 Average 52,902 MNT

Yearly Trough Low 53,109 MNT

Transaction Impact: A difference of 5,539.95 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.7393

10.6574

JanuMarcMayJulySeptNove

LKR 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 11.2542, compared to 11.4662 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2120 points.

H1 Avg (Jan–Jun) 11.2542

H2 Avg (Jul–Dec) 11.4662

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.3722 MNT (High: 11.4980 / Low: 11.1258). On the other end, October was the most stable month, with a tight range of 0.0838 MNT (High: 11.6062 / Low: 11.5223).

March Spread (Volatile) ±0.3722

October Spread (Stable) ±0.0838

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1781 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1781

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 11.6492) against the same month in 2023 (average: 10.5591), the exchange rate shifted by +1.0901 (+10.32%).

2024 Avg (December) 11.6492

2023 Avg (December) 10.5591

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.9368	10.6219	10.7475
February	11.1448	10.9368	11.0464
March	11.4980	11.1258	11.3136
April	11.6303	11.4221	11.5392
May	11.6392	11.4072	11.5283
June	11.4752	11.2713	11.3502
July	11.4370	11.1732	11.3096
August	11.4230	11.2065	11.3273
September	11.4723	11.1339	11.2952
October	11.6062	11.5223	11.5762
November	11.7162	11.5498	11.6396
December	11.7298	11.4620	11.6492