2024 MNT to PYG Historical Review

YEARLY HIGH

2.3603 PYG

YEARLY LOW

2.0977 PYG

YEARLY AVERAGE

2.2061 PYG

2024 MNT to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 2.3603. Conversely, the yearly low was recorded on January 7, dropping to 2.0977.

This high-to-low spread represents a total annual volatility of 0.2626 PYG. From a start-to-finish perspective, comparing the January average rate of 2.1107 to the December average rate of 2.2974, the exchange rate registered a net change of 8.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3603 was up 8.03% compared to the 2023 peak of 2.1848, 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 11,802 PYG

2023 Average 10,528 PYG

Yearly Trough Low 10,489 PYG

Transaction Impact: A difference of 1,313.04 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3374

2.0901

JanuMarcMayJulySeptNove

MNT to PYG 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 2.1405, compared to 2.2716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1311 points.

H1 Avg (Jan–Jun) 2.1405

H2 Avg (Jul–Dec) 2.2716

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0687 PYG (High: 2.3603 / Low: 2.2916). On the other end, December was the most stable month, with a tight range of 0.0194 PYG (High: 2.3050 / Low: 2.2856).

October Spread (Volatile) ±0.0687

December Spread (Stable) ±0.0194

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0151 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 2.3168) against the same month in 2023 (average: 2.1366), the exchange rate shifted by +0.1802 (+8.43%).

2024 Avg (October) 2.3168

2023 Avg (October) 2.1366

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1191	2.0977	2.1107
February	2.1291	2.1058	2.1117
March	2.1431	2.1082	2.1201
April	2.1669	2.1290	2.1440
May	2.1871	2.1604	2.1741
June	2.1974	2.1748	2.1826
July	2.2323	2.1786	2.1990
August	2.2624	2.2088	2.2308
September	2.3007	2.2574	2.2840
October	2.3603	2.2916	2.3168
November	2.3254	2.2835	2.3017
December	2.3050	2.2856	2.2974