2024 MNT to SRD Historical Review

YEARLY HIGH

0.0107 SRD

YEARLY LOW

0.0084 SRD

YEARLY AVERAGE

0.0097 SRD

2024 MNT to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0107. Conversely, the yearly low was recorded on August 13, dropping to 0.0084.

This high-to-low spread represents a total annual volatility of 0.0023 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0106 to the December average rate of 0.0104, the exchange rate registered a net change of -2.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0107 was down 4.33% compared to the 2023 peak of 0.0112, 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 54 SRD

2023 Average 53 SRD

Yearly Trough Low 42 SRD

Transaction Impact: A difference of 11.37 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0109

0.0083

JanuMarcMayJulySeptNove

MNT to SRD 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 0.0100, compared to 0.0094 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0100

H2 Avg (Jul–Dec) 0.0094

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0011 SRD (High: 0.0101 / Low: 0.0090). On the other end, August was the most stable month, with a tight range of 0.0001 SRD (High: 0.0085 / Low: 0.0084).

October Spread (Volatile) ±0.0011

August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0006 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0106) against the same month in 2023 (average: 0.0093), the exchange rate shifted by +0.0013 (+13.88%).

2024 Avg (January) 0.0106

2023 Avg (January) 0.0093

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0107	0.0106	0.0106
February	0.0106	0.0102	0.0105
March	0.0103	0.0101	0.0102
April	0.0102	0.0098	0.0100
May	0.0098	0.0093	0.0095
June	0.0093	0.0089	0.0091
July	0.0089	0.0085	0.0086
August	0.0085	0.0084	0.0085
September	0.0090	0.0085	0.0087
October	0.0101	0.0090	0.0096
November	0.0105	0.0101	0.0104
December	0.0104	0.0103	0.0104