YEARLY HIGH
0.0335 RUB
YEARLY LOW
0.0242 RUB
YEARLY AVERAGE
0.0271 RUB

2024 MNT to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0335. Conversely, the yearly low was recorded on June 19, dropping to 0.0242.

This high-to-low spread represents a total annual volatility of 0.0093 RUB. From a start-to-finish perspective, comparing the January average rate of 0.0259 to the December average rate of 0.0305, the exchange rate registered a net change of 17.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0335 was up 14.34% compared to the 2023 peak of 0.0293, 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 167 RUB
2023 Average 123 RUB
Yearly Trough Low 121 RUB
Transaction Impact: A difference of 46.36 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0311
0.0249
JanuMarcMayJulySeptNove

MNT to RUB 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 0.0263, compared to 0.0278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0263
H2 Avg (Jul–Dec) 0.0278

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0050 RUB (High: 0.0333 / Low: 0.0283). On the other end, April was the most stable month, with a tight range of 0.0006 RUB (High: 0.0273 / Low: 0.0267).

November Spread (Volatile) ±0.0050
April Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0009 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0305) against the same month in 2023 (average: 0.0264), the exchange rate shifted by +0.0042 (+15.73%).

2024 Avg (December) 0.0305
2023 Avg (December) 0.0264

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0267 0.0254 0.0259
February 0.0275 0.0262 0.0266
March 0.0269 0.0263 0.0266
April 0.0273 0.0267 0.0270
May 0.0271 0.0257 0.0264
June 0.0262 0.0242 0.0256
July 0.0259 0.0250 0.0254
August 0.0271 0.0250 0.0262
September 0.0277 0.0258 0.0269
October 0.0287 0.0278 0.0283
November 0.0333 0.0283 0.0297
December 0.0335 0.0291 0.0305