YEARLY HIGH
0.0212 GMD
YEARLY LOW
0.0195 GMD
YEARLY AVERAGE
0.0201 GMD

2024 MNT to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 0.0212. Conversely, the yearly low was recorded on January 7, dropping to 0.0195.

This high-to-low spread represents a total annual volatility of 0.0017 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0195 to the December average rate of 0.0211, the exchange rate registered a net change of 8.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0212 was up 8.42% compared to the 2023 peak of 0.0195, 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 106 GMD
2023 Average 90 GMD
Yearly Trough Low 97 GMD
Transaction Impact: A difference of 8.55 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0213
0.0193
JanuMarcMayJulySeptNove

MNT to GMD 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 0.0196, compared to 0.0205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0196
H2 Avg (Jul–Dec) 0.0205

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0009 GMD (High: 0.0207 / Low: 0.0199). On the other end, June was the most stable month, with a tight range of 0.0000 GMD (High: 0.0196 / Low: 0.0196).

October Spread (Volatile) ±0.0009
June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0211) against the same month in 2023 (average: 0.0195), the exchange rate shifted by +0.0016 (+8.25%).

2024 Avg (December) 0.0211
2023 Avg (December) 0.0195

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0195 0.0195 0.0195
February 0.0197 0.0195 0.0196
March 0.0197 0.0197 0.0197
April 0.0197 0.0196 0.0197
May 0.0197 0.0196 0.0196
June 0.0196 0.0196 0.0196
July 0.0205 0.0196 0.0198
August 0.0209 0.0203 0.0206
September 0.0209 0.0202 0.0205
October 0.0207 0.0199 0.0204
November 0.0210 0.0207 0.0209
December 0.0212 0.0209 0.0211