YEARLY HIGH
0.1770 SDG
YEARLY LOW
0.1654 SDG
YEARLY AVERAGE
0.1745 SDG

2024 MNT to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 0.1770. Conversely, the yearly low was recorded on May 2, dropping to 0.1654.

This high-to-low spread represents a total annual volatility of 0.0117 SDG. From a start-to-finish perspective, comparing the January average rate of 0.1742 to the December average rate of 0.1770, the exchange rate registered a net change of 1.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1770 was up 1.36% compared to the 2023 peak of 0.1746, 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 885 SDG
2023 Average 861 SDG
Yearly Trough Low 827 SDG
Transaction Impact: A difference of 58.27 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1777
0.1693
JanuMarcMayJulySeptNove

MNT to SDG 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 0.1727, compared to 0.1764 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.1727
H2 Avg (Jul–Dec) 0.1764

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0088 SDG (High: 0.1742 / Low: 0.1654). On the other end, December was the most stable month, with a tight range of 0.0000 SDG (High: 0.1770 / Low: 0.1770).

May Spread (Volatile) ±0.0088
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0021 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.1732) against the same month in 2023 (average: 0.1712), the exchange rate shifted by +0.0020 (+1.16%).

2024 Avg (July) 0.1732
2023 Avg (July) 0.1712

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1742 0.1742 0.1742
February 0.1742 0.1741 0.1742
March 0.1742 0.1697 0.1721
April 0.1741 0.1699 0.1700
May 0.1742 0.1654 0.1736
June 0.1742 0.1699 0.1720
July 0.1770 0.1699 0.1732
August 0.1770 0.1770 0.1770
September 0.1770 0.1770 0.1770
October 0.1770 0.1770 0.1770
November 0.1770 0.1770 0.1770
December 0.1770 0.1770 0.1770