2024 LRD to MNT Historical Review

YEARLY HIGH

18.9832 MNT

YEARLY LOW

16.9851 MNT

YEARLY AVERAGE

17.9147 MNT

2024 LRD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 18.9832. Conversely, the yearly low was recorded on September 20, dropping to 16.9851.

This high-to-low spread represents a total annual volatility of 1.9982 MNT. From a start-to-finish perspective, comparing the January average rate of 18.2408 to the December average rate of 18.8180, the exchange rate registered a net change of 3.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.9832 was down 14.32% compared to the 2023 peak of 22.1554, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 94,916 MNT

2023 Average 99,607 MNT

Yearly Trough Low 84,925 MNT

Transaction Impact: A difference of 9,990.97 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.9622

17.2312

JanuMarcMayJulySeptNove

LRD 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 17.9637, compared to 17.8658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0979 points.

H1 Avg (Jan–Jun) 17.9637

H2 Avg (Jul–Dec) 17.8658

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.2796 MNT (High: 18.9745 / Low: 17.6949). On the other end, May was the most stable month, with a tight range of 0.0552 MNT (High: 17.8387 / Low: 17.7835).

November Spread (Volatile) ±1.2796

May Spread (Stable) ±0.0552

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.2380 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2380

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 18.8180) against the same month in 2023 (average: 18.3287), the exchange rate shifted by +0.4893 (+2.67%).

2024 Avg (December) 18.8180

2023 Avg (December) 18.3287

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.3048	18.1579	18.2408
February	18.1579	18.0063	18.1129
March	18.0063	17.8988	17.9276
April	18.3511	17.8157	17.9001
May	17.8387	17.7835	17.8242
June	17.8260	17.7385	17.7764
July	17.7927	17.3811	17.6143
August	17.4812	17.1020	17.3763
September	17.5412	16.9851	17.3755
October	17.7000	17.5344	17.6340
November	18.9745	17.6949	18.3768
December	18.9832	18.4660	18.8180