YEARLY HIGH
6.5573 STD
YEARLY LOW
6.4585 STD
YEARLY AVERAGE
6.5023 STD

2024 MNT to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 22, valuing the pair at 6.5573. Conversely, the yearly low was recorded on July 21, dropping to 6.4585.

This high-to-low spread represents a total annual volatility of 0.0988 STD. From a start-to-finish perspective, comparing the January average rate of 6.4585 to the December average rate of 6.5573, the exchange rate registered a net change of 1.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 6.5573 was down 2.12% compared to the 2023 peak of 6.6992, 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 32,787 STD
2023 Average 32,631 STD
Yearly Trough Low 32,292 STD
Transaction Impact: A difference of 494.18 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6.5672
6.4486
JanuMarcMayJulySeptNove

MNT to STD 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: JanтАУJun) was 6.4585, compared to 6.5462 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0877 points.

H1 Avg (JanтАУJun) 6.4585
H2 Avg (JulтАУDec) 6.5462

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0988 STD (High: 6.5573 / Low: 6.4585). On the other end, December was the most stable month, with a tight range of 0.0000 STD (High: 6.5573 / Low: 6.5573).

July Spread (Volatile) ┬▒0.0988
December Spread (Stable) ┬▒0.0000

Growth Streaks & Declines

Trends

Between May and August, 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 February and March, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 6.4904) against the same month in 2023 (average: 6.4824), the exchange rate shifted by +0.0080 (+0.12%).

2024 Avg (July) 6.4904
2023 Avg (July) 6.4824

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 6.4585 6.4585 6.4585
February 6.4585 6.4585 6.4585
March 6.4585 6.4585 6.4585
April 6.4585 6.4585 6.4585
May 6.4585 6.4585 6.4585
June 6.4585 6.4585 6.4585
July 6.5573 6.4585 6.4904
August 6.5573 6.5573 6.5573
September 6.5573 6.5573 6.5573
October 6.5573 6.5573 6.5573
November 6.5573 6.5573 6.5573
December 6.5573 6.5573 6.5573