2024 MNT to TRY Historical Review

YEARLY HIGH

0.0104 TRY

YEARLY LOW

0.0086 TRY

YEARLY AVERAGE

0.0096 TRY

2024 MNT to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0104. Conversely, the yearly low was recorded on January 1, dropping to 0.0086.

This high-to-low spread represents a total annual volatility of 0.0018 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0087 to the December average rate of 0.0103, the exchange rate registered a net change of 18.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0104 was up 21.48% compared to the 2023 peak of 0.0086, 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 52 TRY

2023 Average 34 TRY

Yearly Trough Low 43 TRY

Transaction Impact: A difference of 9.21 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0105

0.0086

JanuMarcMayJulySeptNove

MNT to TRY 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 0.0092, compared to 0.0100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0092

H2 Avg (Jul–Dec) 0.0100

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0003 TRY (High: 0.0098 / Low: 0.0094). On the other end, October was the most stable month, with a tight range of 0.0000 TRY (High: 0.0101 / Low: 0.0101).

July Spread (Volatile) ±0.0003

October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0000 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0103) against the same month in 2023 (average: 0.0084), the exchange rate shifted by +0.0019 (+22.13%).

2024 Avg (December) 0.0103

2023 Avg (December) 0.0084

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0088	0.0086	0.0087
February	0.0091	0.0088	0.0089
March	0.0094	0.0091	0.0093
April	0.0095	0.0093	0.0094
May	0.0094	0.0093	0.0094
June	0.0096	0.0093	0.0094
July	0.0098	0.0094	0.0096
August	0.0100	0.0098	0.0099
September	0.0101	0.0100	0.0100
October	0.0101	0.0101	0.0101
November	0.0102	0.0101	0.0101
December	0.0104	0.0102	0.0103