2024 MNT to MMK Historical Review

YEARLY HIGH

0.9412 MMK

YEARLY LOW

0.6055 MMK

YEARLY AVERAGE

0.6189 MMK

2024 MNT to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.9412. Conversely, the yearly low was recorded on May 19, dropping to 0.6055.

This high-to-low spread represents a total annual volatility of 0.3356 MMK. From a start-to-finish perspective, comparing the January average rate of 0.6086 to the December average rate of 0.6174, the exchange rate registered a net change of 1.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9412 was up 51.28% compared to the 2023 peak of 0.6221, 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 4,706 MMK

2023 Average 3,032 MMK

Yearly Trough Low 3,028 MMK

Transaction Impact: A difference of 1,678.22 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6683

0.6029

JanuMarcMayJulySeptNove

MNT to MMK 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 0.6129, compared to 0.6250 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0121 points.

H1 Avg (Jan–Jun) 0.6129

H2 Avg (Jul–Dec) 0.6250

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.3295 MMK (High: 0.9412 / Low: 0.6117). On the other end, December was the most stable month, with a tight range of 0.0000 MMK (High: 0.6174 / Low: 0.6174).

July Spread (Volatile) ±0.3295

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and July, 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 July and August, when the average rate fell by 0.0454 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0454

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.6628) against the same month in 2023 (average: 0.5976), the exchange rate shifted by +0.0652 (+10.91%).

2024 Avg (July) 0.6628

2023 Avg (July) 0.5976

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6104	0.6070	0.6086
February	0.6143	0.6075	0.6088
March	0.6103	0.6060	0.6084
April	0.6102	0.6070	0.6084
May	0.6098	0.6055	0.6085
June	0.7194	0.6076	0.6345
July	0.9412	0.6117	0.6628
August	0.6174	0.6174	0.6174
September	0.6174	0.6174	0.6174
October	0.6174	0.6174	0.6174
November	0.6174	0.6174	0.6174
December	0.6174	0.6174	0.6174