YEARLY HIGH
0.0097 TWD
YEARLY LOW
0.0089 TWD
YEARLY AVERAGE
0.0094 TWD

2024 MNT to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.0097. Conversely, the yearly low was recorded on January 1, dropping to 0.0089.

This high-to-low spread represents a total annual volatility of 0.0008 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0090 to the December average rate of 0.0096, the exchange rate registered a net change of 6.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0097 was up 2.73% compared to the 2023 peak of 0.0094, 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 48 TWD
2023 Average 45 TWD
Yearly Trough Low 44 TWD
Transaction Impact: A difference of 3.89 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0096
0.0090
JanuMarcMayJulySeptNove

MNT to TWD 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 0.0095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0092
H2 Avg (Jul–Dec) 0.0095

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0003 TWD (High: 0.0097 / Low: 0.0093). On the other end, June was the most stable month, with a tight range of 0.0001 TWD (High: 0.0094 / Low: 0.0093).

August Spread (Volatile) ±0.0003
June Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0095) against the same month in 2023 (average: 0.0089), the exchange rate shifted by +0.0006 (+6.97%).

2024 Avg (July) 0.0095
2023 Avg (July) 0.0089

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0091 0.0089 0.0090
February 0.0092 0.0090 0.0091
March 0.0093 0.0091 0.0092
April 0.0095 0.0093 0.0094
May 0.0094 0.0093 0.0094
June 0.0094 0.0093 0.0094
July 0.0097 0.0094 0.0095
August 0.0097 0.0093 0.0095
September 0.0095 0.0093 0.0094
October 0.0095 0.0094 0.0094
November 0.0096 0.0094 0.0095
December 0.0097 0.0095 0.0096