2024 MUR to MNT Historical Review

YEARLY HIGH

81.6195 MNT

YEARLY LOW

71.6424 MNT

YEARLY AVERAGE

74.2061 MNT

2024 MUR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 81.6195. Conversely, the yearly low was recorded on November 14, dropping to 71.6424.

This high-to-low spread represents a total annual volatility of 9.9771 MNT. From a start-to-finish perspective, comparing the January average rate of 77.2350 to the December average rate of 72.5445, the exchange rate registered a net change of -6.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 81.6195 was up 3.87% compared to the 2023 peak of 78.5802, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MUR based on timing:

Yearly Peak High 408,098 MNT

2023 Average 383,916 MNT

Yearly Trough Low 358,212 MNT

Transaction Impact: A difference of 49,885.39 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

77.7041

72.0755

JanuMarcMayJulySeptNove

MUR to MNT 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 75.1325, compared to 73.2797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8528 points.

H1 Avg (Jan–Jun) 75.1325

H2 Avg (Jul–Dec) 73.2797

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 7.3141 MNT (High: 81.6195 / Low: 74.3054). On the other end, May was the most stable month, with a tight range of 0.9753 MNT (High: 75.3769 / Low: 74.4016).

March Spread (Volatile) ±7.3141

May Spread (Stable) ±0.9753

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.9866 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.9866

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 75.1693) against the same month in 2023 (average: 73.4229), the exchange rate shifted by +1.7465 (+2.38%).

2024 Avg (March) 75.1693

2023 Avg (March) 73.4229

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	78.3735	75.2041	77.2350
February	76.7520	73.4043	75.2484
March	81.6195	74.3054	75.1693
April	74.8211	72.2538	74.2680
May	75.3769	74.4016	74.8216
June	75.3473	73.0932	74.0527
July	74.1935	72.5758	73.4633
August	73.7894	72.6845	73.3508
September	74.4522	72.8715	73.8787
October	74.0789	72.9498	73.4961
November	74.1436	71.6424	72.9449
December	73.1539	71.9915	72.5445