2024 MNT to XOF Historical Review

YEARLY HIGH

0.1865 XOF

YEARLY LOW

0.1723 XOF

YEARLY AVERAGE

0.1769 XOF

2024 MNT to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1865. Conversely, the yearly low was recorded on January 1, dropping to 0.1723.

This high-to-low spread represents a total annual volatility of 0.0142 XOF. From a start-to-finish perspective, comparing the January average rate of 0.1743 to the December average rate of 0.1843, the exchange rate registered a net change of 5.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1865 was up 1.91% compared to the 2023 peak of 0.1830, 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 933 XOF

2023 Average 876 XOF

Yearly Trough Low 861 XOF

Transaction Impact: A difference of 71.20 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1854

0.1727

JanuMarcMayJulySeptNove

MNT to XOF 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 0.1759, compared to 0.1780 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1759

H2 Avg (Jul–Dec) 0.1780

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0087 XOF (High: 0.1853 / Low: 0.1766). On the other end, March was the most stable month, with a tight range of 0.0026 XOF (High: 0.1762 / Low: 0.1736).

November Spread (Volatile) ±0.0087

March Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1843) against the same month in 2023 (average: 0.1741), the exchange rate shifted by +0.0103 (+5.90%).

2024 Avg (December) 0.1843

2023 Avg (December) 0.1741

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1760	0.1723	0.1743
February	0.1776	0.1748	0.1761
March	0.1762	0.1736	0.1749
April	0.1790	0.1750	0.1773
May	0.1774	0.1746	0.1758
June	0.1780	0.1743	0.1767
July	0.1785	0.1738	0.1760
August	0.1790	0.1723	0.1751
September	0.1753	0.1725	0.1738
October	0.1791	0.1745	0.1772
November	0.1853	0.1766	0.1817
December	0.1865	0.1823	0.1843