YEARLY HIGH
0.0333 RSD
YEARLY LOW
0.0307 RSD
YEARLY AVERAGE
0.0316 RSD

2024 MNT to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0333. Conversely, the yearly low was recorded on August 25, dropping to 0.0307.

This high-to-low spread represents a total annual volatility of 0.0025 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0311 to the December average rate of 0.0329, the exchange rate registered a net change of 5.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0333 was up 1.63% compared to the 2023 peak of 0.0327, 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 166 RSD
2023 Average 157 RSD
Yearly Trough Low 154 RSD
Transaction Impact: A difference of 12.65 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0331
0.0308
JanuMarcMayJulySeptNove

MNT to RSD 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 0.0314, compared to 0.0318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0314
H2 Avg (Jul–Dec) 0.0318

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0016 RSD (High: 0.0331 / Low: 0.0315). On the other end, March was the most stable month, with a tight range of 0.0004 RSD (High: 0.0314 / Low: 0.0310).

November Spread (Volatile) ±0.0016
March Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0329) against the same month in 2023 (average: 0.0311), the exchange rate shifted by +0.0018 (+5.65%).

2024 Avg (December) 0.0329
2023 Avg (December) 0.0311

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0314 0.0307 0.0311
February 0.0317 0.0312 0.0315
March 0.0314 0.0310 0.0312
April 0.0320 0.0313 0.0317
May 0.0318 0.0312 0.0314
June 0.0318 0.0311 0.0315
July 0.0319 0.0310 0.0314
August 0.0319 0.0307 0.0312
September 0.0313 0.0308 0.0310
October 0.0320 0.0311 0.0316
November 0.0331 0.0315 0.0324
December 0.0333 0.0325 0.0329