2024 MNT to ARS Historical Review

YEARLY HIGH

0.3034 ARS

YEARLY LOW

0.2347 ARS

YEARLY AVERAGE

0.2672 ARS

2024 MNT to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.3034. Conversely, the yearly low was recorded on January 7, dropping to 0.2347.

This high-to-low spread represents a total annual volatility of 0.0687 ARS. From a start-to-finish perspective, comparing the January average rate of 0.2370 to the December average rate of 0.3001, the exchange rate registered a net change of 26.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3034 was up 29.10% compared to the 2023 peak of 0.2350, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,517 ARS

2023 Average 428 ARS

Yearly Trough Low 1,174 ARS

Transaction Impact: A difference of 343.54 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3064

0.2307

JanuMarcMayJulySeptNove

MNT to ARS 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 0.2492, compared to 0.2851 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0358 points.

H1 Avg (Jan–Jun) 0.2492

H2 Avg (Jul–Dec) 0.2851

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0096 ARS (High: 0.2744 / Low: 0.2648). On the other end, February was the most stable month, with a tight range of 0.0046 ARS (High: 0.2442 / Low: 0.2396).

July Spread (Volatile) ±0.0096

February Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3001) against the same month in 2023 (average: 0.1832), the exchange rate shifted by +0.1170 (+63.86%).

2024 Avg (December) 0.3001

2023 Avg (December) 0.1832

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2395	0.2347	0.2370
February	0.2442	0.2396	0.2418
March	0.2486	0.2440	0.2465
April	0.2542	0.2486	0.2515
May	0.2592	0.2530	0.2567
June	0.2641	0.2592	0.2619
July	0.2744	0.2648	0.2686
August	0.2801	0.2720	0.2768
September	0.2851	0.2804	0.2826
October	0.2914	0.2854	0.2882
November	0.2973	0.2903	0.2941
December	0.3034	0.2976	0.3001