YEARLY HIGH
0.0108 THB
YEARLY LOW
0.0095 THB
YEARLY AVERAGE
0.0103 THB

2024 MNT to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0108. Conversely, the yearly low was recorded on September 27, dropping to 0.0095.

This high-to-low spread represents a total annual volatility of 0.0013 THB. From a start-to-finish perspective, comparing the January average rate of 0.0102 to the December average rate of 0.0101, the exchange rate registered a net change of -1.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0108 was up 0.23% compared to the 2023 peak of 0.0108, 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 THB
2023 Average 50 THB
Yearly Trough Low 48 THB
Transaction Impact: A difference of 6.30 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0107
0.0097
JanuMarcMayJulySeptNove

MNT to THB 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 0.0105, compared to 0.0101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0105
H2 Avg (Jul–Dec) 0.0101

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0006 THB (High: 0.0101 / Low: 0.0095). On the other end, June was the most stable month, with a tight range of 0.0002 THB (High: 0.0107 / Low: 0.0106).

September Spread (Volatile) ±0.0006
June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0107) against the same month in 2023 (average: 0.0097), the exchange rate shifted by +0.0009 (+9.71%).

2024 Avg (April) 0.0107
2023 Avg (April) 0.0097

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0104 0.0099 0.0102
February 0.0105 0.0102 0.0104
March 0.0106 0.0102 0.0104
April 0.0108 0.0105 0.0107
May 0.0107 0.0105 0.0106
June 0.0107 0.0106 0.0106
July 0.0107 0.0104 0.0106
August 0.0105 0.0100 0.0102
September 0.0101 0.0095 0.0098
October 0.0100 0.0096 0.0098
November 0.0103 0.0099 0.0101
December 0.0102 0.0099 0.0101