2024 MNT to CRC Historical Review

YEARLY HIGH

0.1560 CRC

YEARLY LOW

0.1444 CRC

YEARLY AVERAGE

0.1505 CRC

2024 MNT to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 0.1560. Conversely, the yearly low was recorded on April 4, dropping to 0.1444.

This high-to-low spread represents a total annual volatility of 0.0117 CRC. From a start-to-finish perspective, comparing the January average rate of 0.1498 to the December average rate of 0.1489, the exchange rate registered a net change of -0.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1560 was down 10.15% compared to the 2023 peak of 0.1737, 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 780 CRC

2023 Average 782 CRC

Yearly Trough Low 722 CRC

Transaction Impact: A difference of 58.32 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1552

0.1453

JanuMarcMayJulySeptNove

MNT to CRC 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 0.1490, compared to 0.1520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.1490

H2 Avg (Jul–Dec) 0.1520

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0050 CRC (High: 0.1560 / Low: 0.1511). On the other end, November was the most stable month, with a tight range of 0.0022 CRC (High: 0.1514 / Low: 0.1492).

July Spread (Volatile) ±0.0050

November Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0021 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.1534) against the same month in 2023 (average: 0.1539), the exchange rate shifted by -0.0005 (-0.33%).

2024 Avg (July) 0.1534

2023 Avg (July) 0.1539

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1510	0.1481	0.1498
February	0.1507	0.1484	0.1495
March	0.1491	0.1456	0.1474
April	0.1476	0.1444	0.1461
May	0.1510	0.1476	0.1486
June	0.1542	0.1509	0.1523
July	0.1560	0.1511	0.1534
August	0.1559	0.1521	0.1544
September	0.1550	0.1522	0.1529
October	0.1533	0.1507	0.1519
November	0.1514	0.1492	0.1502
December	0.1498	0.1475	0.1489