2024 MNT to MGA Historical Review

YEARLY HIGH

1.3916 MGA

YEARLY LOW

1.2602 MGA

YEARLY AVERAGE

1.3237 MGA

2024 MNT to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 1.3916. Conversely, the yearly low was recorded on April 3, dropping to 1.2602.

This high-to-low spread represents a total annual volatility of 0.1313 MGA. From a start-to-finish perspective, comparing the January average rate of 1.3229 to the December average rate of 1.3831, the exchange rate registered a net change of 4.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.3916 was up 3.99% compared to the 2023 peak of 1.3382, 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 6,958 MGA

2023 Average 6,429 MGA

Yearly Trough Low 6,301 MGA

Transaction Impact: A difference of 656.71 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.3940

1.2633

JanuMarcMayJulySeptNove

MNT to MGA 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 1.2981, compared to 1.3493 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0511 points.

H1 Avg (Jan–Jun) 1.2981

H2 Avg (Jul–Dec) 1.3493

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0512 MGA (High: 1.3436 / Low: 1.2925). On the other end, February was the most stable month, with a tight range of 0.0123 MGA (High: 1.3220 / Low: 1.3097).

July Spread (Volatile) ±0.0512

February Spread (Stable) ±0.0123

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0211 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0211

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.3831) against the same month in 2023 (average: 1.3282), the exchange rate shifted by +0.0548 (+4.13%).

2024 Avg (December) 1.3831

2023 Avg (December) 1.3282

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3394	1.3093	1.3229
February	1.3220	1.3097	1.3159
March	1.3116	1.2642	1.2949
April	1.2909	1.2602	1.2742
May	1.2923	1.2778	1.2848
June	1.3111	1.2868	1.2963
July	1.3436	1.2925	1.3124
August	1.3552	1.3245	1.3436
September	1.3436	1.3289	1.3369
October	1.3596	1.3365	1.3510
November	1.3814	1.3548	1.3687
December	1.3916	1.3693	1.3831