2024 MNT to GYD Historical Review

YEARLY HIGH

0.0620 GYD

YEARLY LOW

0.0603 GYD

YEARLY AVERAGE

0.0611 GYD

2024 MNT to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.0620. Conversely, the yearly low was recorded on May 19, dropping to 0.0603.

This high-to-low spread represents a total annual volatility of 0.0017 GYD. From a start-to-finish perspective, comparing the January average rate of 0.0607 to the December average rate of 0.0615, the exchange rate registered a net change of 1.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0620 was down 0.78% compared to the 2023 peak of 0.0625, 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 310 GYD

2023 Average 304 GYD

Yearly Trough Low 302 GYD

Transaction Impact: A difference of 8.47 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0617

0.0605

JanuMarcMayJulySeptNove

MNT to GYD 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 0.0607, compared to 0.0615 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0607

H2 Avg (Jul–Dec) 0.0615

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0016 GYD (High: 0.0620 / Low: 0.0604). On the other end, September was the most stable month, with a tight range of 0.0003 GYD (High: 0.0617 / Low: 0.0614).

March Spread (Volatile) ±0.0016

September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0000 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0607) against the same month in 2023 (average: 0.0618), the exchange rate shifted by -0.0011 (-1.78%).

2024 Avg (March) 0.0607

2023 Avg (March) 0.0618

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0609	0.0605	0.0607
February	0.0612	0.0605	0.0607
March	0.0620	0.0604	0.0607
April	0.0608	0.0605	0.0607
May	0.0608	0.0603	0.0606
June	0.0610	0.0605	0.0606
July	0.0616	0.0604	0.0609
August	0.0617	0.0610	0.0615
September	0.0617	0.0614	0.0616
October	0.0618	0.0615	0.0616
November	0.0619	0.0613	0.0616
December	0.0616	0.0613	0.0615