YEARLY HIGH
723.2750 MNT
YEARLY LOW
690.2249 MNT
YEARLY AVERAGE
709.5286 MNT

2024 LYD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LYD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 723.2750. Conversely, the yearly low was recorded on December 29, dropping to 690.2249.

This high-to-low spread represents a total annual volatility of 33.0501 MNT. From a start-to-finish perspective, comparing the January average rate of 718.0303 to the December average rate of 694.4819, the exchange rate registered a net change of -3.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 723.2750 was down 3.28% compared to the 2023 peak of 747.8109, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,616,375 MNT
2023 Average 3,599,561 MNT
Yearly Trough Low 3,451,125 MNT
Transaction Impact: A difference of 165,250.41 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

720.3852
692.1270
JanuMarcMayJulySeptNove

LYD 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 713.3929, compared to 705.6644 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.7285 points.

H1 Avg (Jan–Jun) 713.3929
H2 Avg (Jul–Dec) 705.6644

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 14.2470 MNT (High: 718.0294 / Low: 703.7824). On the other end, March was the most stable month, with a tight range of 6.5102 MNT (High: 719.8488 / Low: 713.3386).

October Spread (Volatile) ±14.2470
March Spread (Stable) ±6.5102

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 9.6700 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -9.6700

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 718.0303) against the same month in 2023 (average: 712.5631), the exchange rate shifted by +5.4672 (+0.77%).

2024 Avg (January) 718.0303
2023 Avg (January) 712.5631

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 723.2750 714.9597 718.0303
February 715.7676 708.0444 712.9744
March 719.8488 713.3386 715.6431
April 715.5095 707.2592 711.2141
May 716.7114 707.6923 711.1283
June 714.3696 707.6464 711.3670
July 715.4758 702.4118 708.7363
August 716.1222 703.4774 709.5756
September 717.7567 710.9631 714.2911
October 718.0294 703.7824 708.2857
November 706.2894 693.6432 698.6157
December 697.5836 690.2249 694.4819