2024 NAD to MNT Historical Review

YEARLY HIGH

197.8289 MNT

YEARLY LOW

178.5490 MNT

YEARLY AVERAGE

187.0962 MNT

2024 NAD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 197.8289. Conversely, the yearly low was recorded on February 26, dropping to 178.5490.

This high-to-low spread represents a total annual volatility of 19.2799 MNT. From a start-to-finish perspective, comparing the January average rate of 183.6628 to the December average rate of 186.4909, the exchange rate registered a net change of 1.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 197.8289 was down 2.36% compared to the 2023 peak of 202.6146, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 989,145 MNT

2023 Average 936,669 MNT

Yearly Trough Low 892,745 MNT

Transaction Impact: A difference of 96,399.38 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

194.4952

180.6929

JanuMarcMayJulySeptNove

NAD 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 184.3519, compared to 189.8405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.4885 points.

H1 Avg (Jan–Jun) 184.3519

H2 Avg (Jul–Dec) 189.8405

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 12.2710 MNT (High: 192.4180 / Low: 180.1469). On the other end, October was the most stable month, with a tight range of 4.8438 MNT (High: 196.5146 / Low: 191.6708).

December Spread (Volatile) ±12.2710

October Spread (Stable) ±4.8438

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.7927 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -3.7927

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 192.9141) against the same month in 2023 (average: 181.8394), the exchange rate shifted by +11.0747 (+6.09%).

2024 Avg (September) 192.9141

2023 Avg (September) 181.8394

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	186.2839	179.9368	183.6628
February	185.4839	178.5490	181.8431
March	185.6835	180.5594	182.9954
April	186.4617	179.6875	182.6766
May	190.7131	185.1247	187.6650
June	192.9077	181.2214	187.2687
July	192.2092	184.0648	188.2792
August	192.6342	182.9672	188.4614
September	197.8289	189.0523	192.9141
October	196.5146	191.6708	193.3450
November	194.9581	186.1918	189.5523
December	192.4180	180.1469	186.4909