2024 MNT to CDF Historical Review

YEARLY HIGH

0.8469 CDF

YEARLY LOW

0.7710 CDF

YEARLY AVERAGE

0.8216 CDF

2024 MNT to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 30, valuing the pair at 0.8469. Conversely, the yearly low was recorded on January 20, dropping to 0.7710.

This high-to-low spread represents a total annual volatility of 0.0759 CDF. From a start-to-finish perspective, comparing the January average rate of 0.7889 to the December average rate of 0.8400, the exchange rate registered a net change of 6.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8469 was up 4.63% compared to the 2023 peak of 0.8095, 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 4,235 CDF

2023 Average 3,375 CDF

Yearly Trough Low 3,855 CDF

Transaction Impact: A difference of 379.51 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8472

0.7836

JanuMarcMayJulySeptNove

MNT to CDF 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 0.8054, compared to 0.8379 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0325 points.

H1 Avg (Jan–Jun) 0.8054

H2 Avg (Jul–Dec) 0.8379

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0268 CDF (High: 0.7978 / Low: 0.7710). On the other end, February was the most stable month, with a tight range of 0.0077 CDF (High: 0.8027 / Low: 0.7951).

January Spread (Volatile) ±0.0268

February Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between January and August, 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 November and December, when the average rate fell by 0.0019 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.8403) against the same month in 2023 (average: 0.7299), the exchange rate shifted by +0.1104 (+15.12%).

2024 Avg (October) 0.8403

2023 Avg (October) 0.7299

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7978	0.7710	0.7889
February	0.8027	0.7951	0.7989
March	0.8093	0.8007	0.8041
April	0.8172	0.8041	0.8091
May	0.8191	0.8061	0.8103
June	0.8266	0.8103	0.8209
July	0.8404	0.8202	0.8284
August	0.8461	0.8266	0.8384
September	0.8434	0.8336	0.8382
October	0.8469	0.8352	0.8403
November	0.8461	0.8367	0.8419
December	0.8449	0.8339	0.8400