2024 MNT to PKR Historical Review

YEARLY HIGH

0.0821 PKR

YEARLY LOW

0.0801 PKR

YEARLY AVERAGE

0.0813 PKR

2024 MNT to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.0821. Conversely, the yearly low was recorded on February 10, dropping to 0.0801.

This high-to-low spread represents a total annual volatility of 0.0020 PKR. From a start-to-finish perspective, comparing the January average rate of 0.0811 to the December average rate of 0.0818, the exchange rate registered a net change of 0.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0821 was down 8.04% compared to the 2023 peak of 0.0893, 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 411 PKR

2023 Average 404 PKR

Yearly Trough Low 401 PKR

Transaction Impact: A difference of 9.90 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0821

0.0805

JanuMarcMayJulySeptNove

MNT to PKR 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 0.0808, compared to 0.0817 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0808

H2 Avg (Jul–Dec) 0.0817

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0016 PKR (High: 0.0821 / Low: 0.0805). On the other end, October was the most stable month, with a tight range of 0.0003 PKR (High: 0.0820 / Low: 0.0817).

July Spread (Volatile) ±0.0016

October Spread (Stable) ±0.0003

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 January and February, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0819) against the same month in 2023 (average: 0.0851), the exchange rate shifted by -0.0031 (-3.68%).

2024 Avg (August) 0.0819

2023 Avg (August) 0.0851

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0817	0.0802	0.0811
February	0.0811	0.0801	0.0809
March	0.0810	0.0805	0.0808
April	0.0809	0.0804	0.0806
May	0.0808	0.0803	0.0806
June	0.0811	0.0805	0.0807
July	0.0821	0.0805	0.0811
August	0.0821	0.0814	0.0819
September	0.0821	0.0816	0.0819
October	0.0820	0.0817	0.0818
November	0.0821	0.0816	0.0818
December	0.0821	0.0816	0.0818