2024 MNT to LKR Historical Review

YEARLY HIGH

0.0941 LKR

YEARLY LOW

0.0853 LKR

YEARLY AVERAGE

0.0881 LKR

2024 MNT to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0941. Conversely, the yearly low was recorded on December 15, dropping to 0.0853.

This high-to-low spread represents a total annual volatility of 0.0089 LKR. From a start-to-finish perspective, comparing the January average rate of 0.0930 to the December average rate of 0.0858, the exchange rate registered a net change of -7.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0941 was down 12.93% compared to the 2023 peak of 0.1081, 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 471 LKR

2023 Average 475 LKR

Yearly Trough Low 426 LKR

Transaction Impact: A difference of 44.46 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0938

0.0851

JanuMarcMayJulySeptNove

MNT to LKR 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 0.0889, compared to 0.0872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0889

H2 Avg (Jul–Dec) 0.0872

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0029 LKR (High: 0.0899 / Low: 0.0870). On the other end, October was the most stable month, with a tight range of 0.0006 LKR (High: 0.0868 / Low: 0.0862).

March Spread (Volatile) ±0.0029

October Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0930) against the same month in 2023 (average: 0.1073), the exchange rate shifted by -0.0143 (-13.32%).

2024 Avg (January) 0.0930

2023 Avg (January) 0.1073

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0941	0.0914	0.0930
February	0.0914	0.0897	0.0905
March	0.0899	0.0870	0.0884
April	0.0875	0.0860	0.0867
May	0.0877	0.0859	0.0867
June	0.0887	0.0871	0.0881
July	0.0895	0.0874	0.0884
August	0.0892	0.0875	0.0883
September	0.0898	0.0872	0.0885
October	0.0868	0.0862	0.0864
November	0.0866	0.0854	0.0859
December	0.0872	0.0853	0.0858