YEARLY HIGH
0.0354 BDT
YEARLY LOW
0.0317 BDT
YEARLY AVERAGE
0.0337 BDT

2024 MNT to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 0.0354. Conversely, the yearly low was recorded on March 24, dropping to 0.0317.

This high-to-low spread represents a total annual volatility of 0.0037 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0318 to the December average rate of 0.0352, the exchange rate registered a net change of 10.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0354 was up 10.07% compared to the 2023 peak of 0.0321, 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 177 BDT
2023 Average 156 BDT
Yearly Trough Low 158 BDT
Transaction Impact: A difference of 18.46 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0355
0.0315
JanuMarcMayJulySeptNove

MNT to BDT 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 0.0324, compared to 0.0349 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0324
H2 Avg (Jul–Dec) 0.0349

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0024 BDT (High: 0.0341 / Low: 0.0317). On the other end, September was the most stable month, with a tight range of 0.0001 BDT (High: 0.0352 / Low: 0.0351).

May Spread (Volatile) ±0.0024
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0000 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0352) against the same month in 2023 (average: 0.0320), the exchange rate shifted by +0.0032 (+10.00%).

2024 Avg (November) 0.0352
2023 Avg (November) 0.0320

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0319 0.0317 0.0318
February 0.0321 0.0317 0.0318
March 0.0319 0.0317 0.0318
April 0.0319 0.0317 0.0318
May 0.0341 0.0317 0.0333
June 0.0343 0.0340 0.0341
July 0.0346 0.0340 0.0342
August 0.0353 0.0343 0.0348
September 0.0352 0.0351 0.0352
October 0.0353 0.0351 0.0352
November 0.0354 0.0350 0.0352
December 0.0352 0.0350 0.0352