2024 MNT to BIF Historical Review

YEARLY HIGH

0.8717 BIF

YEARLY LOW

0.8236 BIF

YEARLY AVERAGE

0.8418 BIF

2024 MNT to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 0.8717. Conversely, the yearly low was recorded on January 7, dropping to 0.8236.

This high-to-low spread represents a total annual volatility of 0.0481 BIF. From a start-to-finish perspective, comparing the January average rate of 0.8271 to the December average rate of 0.8675, the exchange rate registered a net change of 4.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8717 was up 5.14% compared to the 2023 peak of 0.8291, 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 4,359 BIF

2023 Average 3,679 BIF

Yearly Trough Low 4,118 BIF

Transaction Impact: A difference of 240.66 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8715

0.8230

JanuMarcMayJulySeptNove

MNT to BIF 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 0.8302, compared to 0.8533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0231 points.

H1 Avg (Jan–Jun) 0.8302

H2 Avg (Jul–Dec) 0.8533

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0197 BIF (High: 0.8717 / Low: 0.8520). On the other end, April was the most stable month, with a tight range of 0.0048 BIF (High: 0.8330 / Low: 0.8282).

November Spread (Volatile) ±0.0197

April Spread (Stable) ±0.0048

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 (November 2024: 0.8597) against the same month in 2023 (average: 0.8231), the exchange rate shifted by +0.0366 (+4.45%).

2024 Avg (November) 0.8597

2023 Avg (November) 0.8231

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8290	0.8236	0.8271
February	0.8330	0.8264	0.8289
March	0.8314	0.8256	0.8292
April	0.8330	0.8282	0.8306
May	0.8337	0.8285	0.8318
June	0.8397	0.8311	0.8337
July	0.8486	0.8320	0.8386
August	0.8515	0.8417	0.8477
September	0.8540	0.8480	0.8517
October	0.8684	0.8512	0.8549
November	0.8717	0.8520	0.8597
December	0.8713	0.8520	0.8675