YEARLY HIGH
0.0180 DOP
YEARLY LOW
0.0168 DOP
YEARLY AVERAGE
0.0173 DOP

2024 MNT to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0180. Conversely, the yearly low was recorded on May 4, dropping to 0.0168.

This high-to-low spread represents a total annual volatility of 0.0012 DOP. From a start-to-finish perspective, comparing the January average rate of 0.0170 to the December average rate of 0.0179, the exchange rate registered a net change of 5.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0180 was up 6.77% compared to the 2023 peak of 0.0168, 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 90 DOP
2023 Average 81 DOP
Yearly Trough Low 84 DOP
Transaction Impact: A difference of 5.94 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0180
0.0169
JanuMarcMayJulySeptNove

MNT to DOP 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 0.0171, compared to 0.0176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0171
H2 Avg (Jul–Dec) 0.0176

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0004 DOP (High: 0.0172 / Low: 0.0168). On the other end, October was the most stable month, with a tight range of 0.0001 DOP (High: 0.0178 / Low: 0.0177).

May Spread (Volatile) ±0.0004
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and December, 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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0179) against the same month in 2023 (average: 0.0166), the exchange rate shifted by +0.0012 (+7.49%).

2024 Avg (December) 0.0179
2023 Avg (December) 0.0166

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0171 0.0168 0.0170
February 0.0171 0.0170 0.0170
March 0.0172 0.0170 0.0171
April 0.0172 0.0170 0.0171
May 0.0172 0.0168 0.0169
June 0.0174 0.0171 0.0172
July 0.0175 0.0171 0.0172
August 0.0176 0.0173 0.0175
September 0.0178 0.0176 0.0177
October 0.0178 0.0177 0.0178
November 0.0178 0.0177 0.0178
December 0.0180 0.0177 0.0179