2024 MNT to CNY Historical Review

YEARLY HIGH

0.0021 CNY

YEARLY LOW

0.0020 CNY

YEARLY AVERAGE

0.0021 CNY

2024 MNT to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0021. Conversely, the yearly low was recorded on May 5, dropping to 0.0020.

This high-to-low spread represents a total annual volatility of 0.0001 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0021 to the December average rate of 0.0021, the exchange rate registered a net change of 3.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0021 was up 0.92% compared to the 2023 peak of 0.0021, 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 11 CNY

2023 Average 10 CNY

Yearly Trough Low 10 CNY

Transaction Impact: A difference of 0.49 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0022

0.0021

JanuMarcMayJulySeptNove

MNT to CNY 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 0.0021, compared to 0.0021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0021

H2 Avg (Jul–Dec) 0.0021

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0001 CNY (High: 0.0021 / Low: 0.0021). On the other end, December was the most stable month, with a tight range of 0.0000 CNY (High: 0.0021 / Low: 0.0021).

July Spread (Volatile) ±0.0001

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and April, 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 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0021) against the same month in 2023 (average: 0.0021), the exchange rate shifted by +0.0001 (+3.86%).

2024 Avg (December) 0.0021

2023 Avg (December) 0.0021

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0021	0.0021	0.0021
February	0.0021	0.0021	0.0021
March	0.0021	0.0021	0.0021
April	0.0021	0.0021	0.0021
May	0.0021	0.0020	0.0021
June	0.0021	0.0021	0.0021
July	0.0021	0.0021	0.0021
August	0.0021	0.0021	0.0021
September	0.0021	0.0021	0.0021
October	0.0021	0.0021	0.0021
November	0.0021	0.0021	0.0021
December	0.0021	0.0021	0.0021