2024 MDL to MNT Historical Review

YEARLY HIGH

199.4262 MNT

YEARLY LOW

184.0576 MNT

YEARLY AVERAGE

193.3016 MNT

2024 MDL to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 199.4262. Conversely, the yearly low was recorded on December 28, dropping to 184.0576.

This high-to-low spread represents a total annual volatility of 15.3686 MNT. From a start-to-finish perspective, comparing the January average rate of 195.7923 to the December average rate of 185.5085, the exchange rate registered a net change of -5.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 199.4262 was down 1.96% compared to the 2023 peak of 203.4147, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 997,131 MNT

2023 Average 957,285 MNT

Yearly Trough Low 920,288 MNT

Transaction Impact: A difference of 76,842.86 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

196.8207

184.4801

JanuMarcMayJulySeptNove

MDL 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 194.9658, compared to 191.6374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3285 points.

H1 Avg (Jan–Jun) 194.9658

H2 Avg (Jul–Dec) 191.6374

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 6.7224 MNT (High: 195.6219 / Low: 188.8994). On the other end, February was the most stable month, with a tight range of 1.9320 MNT (High: 194.6998 / Low: 192.7678).

October Spread (Volatile) ±6.7224

February Spread (Stable) ±1.9320

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 3.8608 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.8608

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 195.7923) against the same month in 2023 (average: 179.4119), the exchange rate shifted by +16.3805 (+9.13%).

2024 Avg (January) 195.7923

2023 Avg (January) 179.4119

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	199.4262	194.3006	195.7923
February	194.6998	192.7678	193.8111
March	196.6835	194.2851	195.4385
April	196.2350	192.6298	194.6473
May	196.2350	194.2293	195.3931
June	196.8215	192.8871	194.7126
July	196.3730	191.4077	193.9227
August	196.9640	191.6802	194.3499
September	196.6413	194.2450	195.5328
October	195.6219	188.8994	192.1856
November	191.2215	185.7515	188.3247
December	186.3963	184.0576	185.5085