2024 MNT to LRD Historical Review

YEARLY HIGH

0.0589 LRD

YEARLY LOW

0.0527 LRD

YEARLY AVERAGE

0.0559 LRD

2024 MNT to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.0589. Conversely, the yearly low was recorded on December 5, dropping to 0.0527.

This high-to-low spread represents a total annual volatility of 0.0062 LRD. From a start-to-finish perspective, comparing the January average rate of 0.0548 to the December average rate of 0.0531, the exchange rate registered a net change of -3.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0589 was up 7.77% compared to the 2023 peak of 0.0546, 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 294 LRD

2023 Average 252 LRD

Yearly Trough Low 263 LRD

Transaction Impact: A difference of 30.99 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0580

0.0527

JanuMarcMayJulySeptNove

MNT to LRD 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 0.0557, compared to 0.0560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0557

H2 Avg (Jul–Dec) 0.0560

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0038 LRD (High: 0.0565 / Low: 0.0527). On the other end, May was the most stable month, with a tight range of 0.0002 LRD (High: 0.0562 / Low: 0.0561).

November Spread (Volatile) ±0.0038

May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0023 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0576) against the same month in 2023 (average: 0.0540), the exchange rate shifted by +0.0035 (+6.56%).

2024 Avg (September) 0.0576

2023 Avg (September) 0.0540

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0551	0.0546	0.0548
February	0.0555	0.0551	0.0552
March	0.0559	0.0555	0.0558
April	0.0561	0.0545	0.0559
May	0.0562	0.0561	0.0561
June	0.0564	0.0561	0.0563
July	0.0575	0.0562	0.0568
August	0.0585	0.0572	0.0576
September	0.0589	0.0570	0.0576
October	0.0570	0.0565	0.0567
November	0.0565	0.0527	0.0545
December	0.0542	0.0527	0.0531