YEARLY HIGH
0.2649 KPW
YEARLY LOW
0.2609 KPW
YEARLY AVERAGE
0.2626 KPW

2024 MNT to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on July 22, valuing the pair at 0.2649. Conversely, the yearly low was recorded on July 21, dropping to 0.2609.

This high-to-low spread represents a total annual volatility of 0.0040 KPW. From a start-to-finish perspective, comparing the January average rate of 0.2609 to the December average rate of 0.2649, the exchange rate registered a net change of 1.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2649 was up 0.26% compared to the 2023 peak of 0.2642, 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 1,324 KPW
2023 Average 1,300 KPW
Yearly Trough Low 1,304 KPW
Transaction Impact: A difference of 19.96 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2653
0.2605
JanuMarcMayJulySeptNove

MNT to KPW 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 0.2609, compared to 0.2644 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.2609
H2 Avg (Jul–Dec) 0.2644

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0040 KPW (High: 0.2649 / Low: 0.2609). On the other end, December was the most stable month, with a tight range of 0.0000 KPW (High: 0.2649 / Low: 0.2649).

July Spread (Volatile) ±0.0040
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and August, 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 February and March, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.2622) against the same month in 2023 (average: 0.2564), the exchange rate shifted by +0.0057 (+2.24%).

2024 Avg (July) 0.2622
2023 Avg (July) 0.2564

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2609 0.2609 0.2609
February 0.2609 0.2609 0.2609
March 0.2609 0.2609 0.2609
April 0.2609 0.2609 0.2609
May 0.2609 0.2609 0.2609
June 0.2609 0.2609 0.2609
July 0.2649 0.2609 0.2622
August 0.2649 0.2649 0.2649
September 0.2649 0.2649 0.2649
October 0.2649 0.2649 0.2649
November 0.2649 0.2649 0.2649
December 0.2649 0.2649 0.2649