YEARLY HIGH
0.1691 SOS
YEARLY LOW
0.1648 SOS
YEARLY AVERAGE
0.1667 SOS

2024 MNT to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 0.1691. Conversely, the yearly low was recorded on May 18, dropping to 0.1648.

This high-to-low spread represents a total annual volatility of 0.0044 SOS. From a start-to-finish perspective, comparing the January average rate of 0.1656 to the December average rate of 0.1681, the exchange rate registered a net change of 1.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1691 was up 0.43% compared to the 2023 peak of 0.1684, 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 846 SOS
2023 Average 822 SOS
Yearly Trough Low 824 SOS
Transaction Impact: A difference of 21.77 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1685
0.1653
JanuMarcMayJulySeptNove

MNT to SOS 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 0.1656, compared to 0.1678 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1656
H2 Avg (Jul–Dec) 0.1678

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0031 SOS (High: 0.1682 / Low: 0.1652). On the other end, October was the most stable month, with a tight range of 0.0008 SOS (High: 0.1689 / Low: 0.1680).

July Spread (Volatile) ±0.0031
October Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0001 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.1682) against the same month in 2023 (average: 0.1654), the exchange rate shifted by +0.0029 (+1.73%).

2024 Avg (November) 0.1682
2023 Avg (November) 0.1654

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1661 0.1650 0.1656
February 0.1672 0.1653 0.1657
March 0.1661 0.1649 0.1656
April 0.1661 0.1652 0.1656
May 0.1660 0.1648 0.1655
June 0.1667 0.1653 0.1656
July 0.1682 0.1652 0.1664
August 0.1688 0.1667 0.1679
September 0.1690 0.1678 0.1682
October 0.1689 0.1680 0.1682
November 0.1691 0.1679 0.1682
December 0.1684 0.1675 0.1681