2024 MNT to EGP Historical Review

YEARLY HIGH

0.0150 EGP

YEARLY LOW

0.0089 EGP

YEARLY AVERAGE

0.0132 EGP

2024 MNT to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.0150. Conversely, the yearly low was recorded on January 7, dropping to 0.0089.

This high-to-low spread represents a total annual volatility of 0.0061 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0090 to the December average rate of 0.0149, the exchange rate registered a net change of 66.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0150 was up 65.47% compared to the 2023 peak of 0.0091, 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 75 EGP

2023 Average 44 EGP

Yearly Trough Low 45 EGP

Transaction Impact: A difference of 30.63 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0155

0.0084

JanuMarcMayJulySeptNove

MNT to EGP 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 0.0121, compared to 0.0144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0121

H2 Avg (Jul–Dec) 0.0144

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0054 EGP (High: 0.0144 / Low: 0.0089). On the other end, January was the most stable month, with a tight range of 0.0001 EGP (High: 0.0090 / Low: 0.0089).

March Spread (Volatile) ±0.0054

January Spread (Stable) ±0.0001

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

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0149) against the same month in 2023 (average: 0.0090), the exchange rate shifted by +0.0059 (+66.15%).

2024 Avg (December) 0.0149

2023 Avg (December) 0.0090

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0090	0.0089	0.0090
February	0.0090	0.0089	0.0090
March	0.0144	0.0089	0.0131
April	0.0141	0.0137	0.0139
May	0.0139	0.0135	0.0137
June	0.0140	0.0137	0.0138
July	0.0143	0.0139	0.0140
August	0.0145	0.0143	0.0144
September	0.0143	0.0142	0.0143
October	0.0144	0.0142	0.0143
November	0.0146	0.0143	0.0145
December	0.0150	0.0146	0.0149