YEARLY HIGH
0.1547 KZT
YEARLY LOW
0.1273 KZT
YEARLY AVERAGE
0.1371 KZT

2024 MNT to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.1547. Conversely, the yearly low was recorded on May 16, dropping to 0.1273.

This high-to-low spread represents a total annual volatility of 0.0274 KZT. From a start-to-finish perspective, comparing the January average rate of 0.1309 to the December average rate of 0.1533, the exchange rate registered a net change of 17.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1547 was up 11.23% compared to the 2023 peak of 0.1391, 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 774 KZT
2023 Average 659 KZT
Yearly Trough Low 637 KZT
Transaction Impact: A difference of 137.21 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1558
0.1257
JanuMarcMayJulySeptNove

MNT to KZT 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 0.1303, compared to 0.1439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0136 points.

H1 Avg (Jan–Jun) 0.1303
H2 Avg (Jul–Dec) 0.1439

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0082 KZT (High: 0.1520 / Low: 0.1437). On the other end, September was the most stable month, with a tight range of 0.0017 KZT (High: 0.1422 / Low: 0.1405).

November Spread (Volatile) ±0.0082
September Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0011 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1533) against the same month in 2023 (average: 0.1331), the exchange rate shifted by +0.0202 (+15.21%).

2024 Avg (December) 0.1533
2023 Avg (December) 0.1331

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1328 0.1290 0.1309
February 0.1322 0.1294 0.1307
March 0.1311 0.1289 0.1302
April 0.1301 0.1280 0.1293
May 0.1295 0.1273 0.1282
June 0.1368 0.1293 0.1322
July 0.1398 0.1369 0.1384
August 0.1422 0.1384 0.1409
September 0.1422 0.1405 0.1414
October 0.1460 0.1415 0.1430
November 0.1520 0.1437 0.1461
December 0.1547 0.1498 0.1533