2024 MNT to SLL Historical Review

YEARLY HIGH

6.1711 SLL

YEARLY LOW

6.0781 SLL

YEARLY AVERAGE

6.1194 SLL

2024 MNT to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 22, valuing the pair at 6.1711. Conversely, the yearly low was recorded on July 21, dropping to 6.0781.

This high-to-low spread represents a total annual volatility of 0.0930 SLL. From a start-to-finish perspective, comparing the January average rate of 6.0781 to the December average rate of 6.1711, the exchange rate registered a net change of 1.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 6.1711 was up 1.53% compared to the 2023 peak of 6.0781, 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 30,856 SLL

2023 Average 27,577 SLL

Yearly Trough Low 30,391 SLL

Transaction Impact: A difference of 465.07 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6.1804

6.0688

JanuMarcMayJulySeptNove

MNT to SLL 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 6.0781, compared to 6.1606 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0825 points.

H1 Avg (Jan–Jun) 6.0781

H2 Avg (Jul–Dec) 6.1606

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0930 SLL (High: 6.1711 / Low: 6.0781). On the other end, December was the most stable month, with a tight range of 0.0000 SLL (High: 6.1711 / Low: 6.1711).

July Spread (Volatile) ±0.0930

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and August, 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 February and March, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 6.1081) against the same month in 2023 (average: 5.1564), the exchange rate shifted by +0.9517 (+18.46%).

2024 Avg (July) 6.1081

2023 Avg (July) 5.1564

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.0781	6.0781	6.0781
February	6.0781	6.0781	6.0781
March	6.0781	6.0781	6.0781
April	6.0781	6.0781	6.0781
May	6.0781	6.0781	6.0781
June	6.0781	6.0781	6.0781
July	6.1711	6.0781	6.1081
August	6.1711	6.1711	6.1711
September	6.1711	6.1711	6.1711
October	6.1711	6.1711	6.1711
November	6.1711	6.1711	6.1711
December	6.1711	6.1711	6.1711