2024 MVR to MNT Historical Review

YEARLY HIGH

238.6717 MNT

YEARLY LOW

219.7930 MNT

YEARLY AVERAGE

222.4931 MNT

2024 MVR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 238.6717. Conversely, the yearly low was recorded on December 4, dropping to 219.7930.

This high-to-low spread represents a total annual volatility of 18.8787 MNT. From a start-to-finish perspective, comparing the January average rate of 224.0072 to the December average rate of 220.5296, the exchange rate registered a net change of -1.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 238.6717 was up 3.77% compared to the 2023 peak of 230.0000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,193,359 MNT

2023 Average 1,126,173 MNT

Yearly Trough Low 1,098,965 MNT

Transaction Impact: A difference of 94,393.63 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

224.4997

219.7414

JanuMarcMayJulySeptNove

MVR 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 223.7851, compared to 221.2010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5841 points.

H1 Avg (Jan–Jun) 223.7851

H2 Avg (Jul–Dec) 221.2010

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 15.5152 MNT (High: 238.6717 / Low: 223.1565). On the other end, October was the most stable month, with a tight range of 0.1441 MNT (High: 221.3681 / Low: 221.2240).

May Spread (Volatile) ±15.5152

October Spread (Stable) ±0.1441

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 2.0545 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.0545

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 223.7149) against the same month in 2023 (average: 229.3259), the exchange rate shifted by -5.6110 (-2.45%).

2024 Avg (May) 223.7149

2023 Avg (May) 229.3259

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	224.0987	223.8806	224.0072
February	224.7557	223.6629	224.1032
March	224.0260	221.8650	223.5302
April	223.3733	223.1565	223.2528
May	238.6717	223.1565	223.7149
June	226.0072	223.3010	224.1024
July	224.7557	221.2240	222.9984
August	221.3681	220.2917	220.9439
September	221.3681	221.2240	221.2888
October	221.3681	221.2240	221.3076
November	221.2960	219.7930	220.1379
December	220.6494	219.7930	220.5296