YEARLY HIGH
197.8289 MNT
YEARLY LOW
178.5490 MNT
YEARLY AVERAGE
187.0862 MNT

2024 LSL to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LSL to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 197.8289. Conversely, the yearly low was recorded on February 26, dropping to 178.5490.

This high-to-low spread represents a total annual volatility of 19.2799 MNT. From a start-to-finish perspective, comparing the January average rate of 183.5965 to the December average rate of 186.4907, the exchange rate registered a net change of 1.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 197.8289 was down 2.33% compared to the 2023 peak of 202.5544, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 989,145 MNT
2023 Average 938,641 MNT
Yearly Trough Low 892,745 MNT
Transaction Impact: A difference of 96,399.38 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

194.4496
180.6466
JanuMarcMayJulySeptNove

LSL 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 184.3314, compared to 189.8410 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.5096 points.

H1 Avg (Jan–Jun) 184.3314
H2 Avg (Jul–Dec) 189.8410

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 12.2747 MNT (High: 192.4216 / Low: 180.1469). On the other end, October was the most stable month, with a tight range of 5.0494 MNT (High: 196.5164 / Low: 191.4670).

December Spread (Volatile) ±12.2747
October Spread (Stable) ±5.0494

Growth Streaks & Declines

Trends

Between June and October, 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 October and November, when the average rate fell by 3.7454 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.7454

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 192.9455) against the same month in 2023 (average: 181.9751), the exchange rate shifted by +10.9704 (+6.03%).

2024 Avg (September) 192.9455
2023 Avg (September) 181.9751

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 186.2839 179.9368 183.5965
February 185.4839 178.5490 181.7968
March 185.6835 180.5594 182.9329
April 186.6883 179.6875 182.8502
May 190.7131 184.7669 187.5403
June 192.9077 181.2214 187.2714
July 192.1985 184.0648 188.3028
August 192.6482 183.0082 188.4535
September 197.8289 189.4395 192.9455
October 196.5164 191.4670 193.2994
November 194.9563 186.2154 189.5539
December 192.4216 180.1469 186.4907