2024 MNT to SYP Historical Review

YEARLY HIGH

3.8264 SYP

YEARLY LOW

0.7283 SYP

YEARLY AVERAGE

0.8245 SYP

2024 MNT to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 3.8264. Conversely, the yearly low was recorded on July 21, dropping to 0.7283.

This high-to-low spread represents a total annual volatility of 3.0981 SYP. From a start-to-finish perspective, comparing the January average rate of 0.7283 to the December average rate of 1.8348, the exchange rate registered a net change of 151.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.8264 was up 418.85% compared to the 2023 peak of 0.7375, 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 19,132 SYP

2023 Average 3,629 SYP

Yearly Trough Low 3,641 SYP

Transaction Impact: A difference of 15,490.49 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.9454

0.6176

JanuMarcMayJulySeptNove

MNT to SYP 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 0.7283, compared to 0.9207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1924 points.

H1 Avg (Jan–Jun) 0.7283

H2 Avg (Jul–Dec) 0.9207

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 3.0870 SYP (High: 3.8264 / Low: 0.7394). On the other end, November was the most stable month, with a tight range of 0.0000 SYP (High: 0.7394 / Low: 0.7394).

December Spread (Volatile) ±3.0870

November 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. No significant month-over-month rate declines were detected.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.8348) against the same month in 2023 (average: 0.7283), the exchange rate shifted by +1.1065 (+151.94%).

2024 Avg (December) 1.8348

2023 Avg (December) 0.7283

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7283	0.7283	0.7283
February	0.7283	0.7283	0.7283
March	0.7283	0.7283	0.7283
April	0.7283	0.7283	0.7283
May	0.7283	0.7283	0.7283
June	0.7283	0.7283	0.7283
July	0.7394	0.7283	0.7319
August	0.7394	0.7394	0.7394
September	0.7394	0.7394	0.7394
October	0.7394	0.7394	0.7394
November	0.7394	0.7394	0.7394
December	3.8264	0.7394	1.8348