2024 MNT to JPY Historical Review

YEARLY HIGH

0.0468 JPY

YEARLY LOW

0.0409 JPY

YEARLY AVERAGE

0.0442 JPY

2024 MNT to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 0.0468. Conversely, the yearly low was recorded on January 1, dropping to 0.0409.

This high-to-low spread represents a total annual volatility of 0.0059 JPY. From a start-to-finish perspective, comparing the January average rate of 0.0424 to the December average rate of 0.0453, the exchange rate registered a net change of 7.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0468 was up 6.56% compared to the 2023 peak of 0.0440, 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 234 JPY

2023 Average 203 JPY

Yearly Trough Low 205 JPY

Transaction Impact: A difference of 29.68 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0463

0.0417

JanuMarcMayJulySeptNove

MNT to JPY 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 0.0441, compared to 0.0443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0441

H2 Avg (Jul–Dec) 0.0443

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0028 JPY (High: 0.0451 / Low: 0.0423). On the other end, February was the most stable month, with a tight range of 0.0012 JPY (High: 0.0437 / Low: 0.0425).

October Spread (Volatile) ±0.0028

February Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0029 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0459) against the same month in 2023 (average: 0.0402), the exchange rate shifted by +0.0057 (+14.10%).

2024 Avg (July) 0.0459

2023 Avg (July) 0.0402

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0430	0.0409	0.0424
February	0.0437	0.0425	0.0434
March	0.0440	0.0425	0.0434
April	0.0459	0.0439	0.0446
May	0.0457	0.0444	0.0451
June	0.0466	0.0450	0.0458
July	0.0468	0.0441	0.0459
August	0.0439	0.0424	0.0430
September	0.0432	0.0414	0.0421
October	0.0451	0.0423	0.0441
November	0.0461	0.0441	0.0452
December	0.0465	0.0440	0.0453