2024 MWK to MNT Historical Review

YEARLY HIGH

2.0668 MNT

YEARLY LOW

1.9498 MNT

YEARLY AVERAGE

1.9897 MNT

2024 MWK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 2.0668. Conversely, the yearly low was recorded on September 25, dropping to 1.9498.

This high-to-low spread represents a total annual volatility of 0.1170 MNT. From a start-to-finish perspective, comparing the January average rate of 2.0503 to the December average rate of 1.9601, the exchange rate registered a net change of -4.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.0668 was down 40.53% compared to the 2023 peak of 3.4754, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,334 MNT

2023 Average 15,639 MNT

Yearly Trough Low 9,749 MNT

Transaction Impact: A difference of 585.23 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0595

1.9486

JanuMarcMayJulySeptNove

MWK 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 2.0166, compared to 1.9629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0537 points.

H1 Avg (Jan–Jun) 2.0166

H2 Avg (Jul–Dec) 1.9629

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0875 MNT (High: 2.0668 / Low: 1.9793). On the other end, October was the most stable month, with a tight range of 0.0093 MNT (High: 1.9609 / Low: 1.9516).

March Spread (Volatile) ±0.0875

October Spread (Stable) ±0.0093

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 March and April, when the average rate fell by 0.0424 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0424

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2.0311) against the same month in 2023 (average: 3.3220), the exchange rate shifted by -1.2909 (-38.86%).

2024 Avg (March) 2.0311

2023 Avg (March) 3.3220

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0577	2.0437	2.0503
February	2.0538	2.0309	2.0494
March	2.0668	1.9793	2.0311
April	1.9958	1.9816	1.9887
May	2.0003	1.9816	1.9897
June	1.9945	1.9791	1.9902
July	1.9954	1.9577	1.9806
August	1.9752	1.9568	1.9618
September	1.9629	1.9498	1.9585
October	1.9609	1.9516	1.9578
November	1.9633	1.9504	1.9584
December	1.9675	1.9566	1.9601