YEARLY HIGH
0.0041 BWP
YEARLY LOW
0.0038 BWP
YEARLY AVERAGE
0.0040 BWP

2024 MNT to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0041. Conversely, the yearly low was recorded on September 30, dropping to 0.0038.

This high-to-low spread represents a total annual volatility of 0.0003 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0039 to the December average rate of 0.0040, the exchange rate registered a net change of 2.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0041 was up 2.55% compared to the 2023 peak of 0.0040, 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 21 BWP
2023 Average 19 BWP
Yearly Trough Low 19 BWP
Transaction Impact: A difference of 1.43 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0041
0.0039
JanuMarcMayJulySeptNove

MNT to BWP 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 0.0040, compared to 0.0040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0040
H2 Avg (Jul–Dec) 0.0040

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0002 BWP (High: 0.0041 / Low: 0.0039). On the other end, March was the most stable month, with a tight range of 0.0001 BWP (High: 0.0040 / Low: 0.0039).

May Spread (Volatile) ±0.0002
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0039) against the same month in 2023 (average: 0.0038), the exchange rate shifted by +0.0001 (+3.01%).

2024 Avg (May) 0.0039
2023 Avg (May) 0.0038

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0040 0.0039 0.0039
February 0.0040 0.0039 0.0040
March 0.0040 0.0039 0.0040
April 0.0041 0.0039 0.0040
May 0.0041 0.0039 0.0039
June 0.0040 0.0039 0.0039
July 0.0040 0.0039 0.0039
August 0.0040 0.0039 0.0039
September 0.0039 0.0038 0.0039
October 0.0040 0.0038 0.0039
November 0.0040 0.0039 0.0040
December 0.0041 0.0040 0.0040