2024 PGK to MNT Historical Review

YEARLY HIGH

932.8106 MNT

YEARLY LOW

836.3989 MNT

YEARLY AVERAGE

881.0995 MNT

2024 PGK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 932.8106. Conversely, the yearly low was recorded on December 31, dropping to 836.3989.

This high-to-low spread represents a total annual volatility of 96.4117 MNT. From a start-to-finish perspective, comparing the January average rate of 924.0766 to the December average rate of 840.5222, the exchange rate registered a net change of -9.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 932.8106 was down 7.54% compared to the 2023 peak of 1008.8922, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,664,053 MNT

2023 Average 4,808,729 MNT

Yearly Trough Low 4,181,994 MNT

Transaction Impact: A difference of 482,058.71 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

932.4320

832.1667

JanuMarcMayJulySeptNove

PGK 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 904.5498, compared to 857.6491 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 46.9007 points.

H1 Avg (Jan–Jun) 904.5498

H2 Avg (Jul–Dec) 857.6491

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 33.2000 MNT (High: 898.2995 / Low: 865.0995). On the other end, May was the most stable month, with a tight range of 9.4323 MNT (High: 894.9813 / Low: 885.5491).

July Spread (Volatile) ±33.2000

May Spread (Stable) ±9.4323

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 July and August, when the average rate fell by 15.1341 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -15.1341

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 924.0766) against the same month in 2023 (average: 967.0795), the exchange rate shifted by -43.0029 (-4.45%).

2024 Avg (January) 924.0766

2023 Avg (January) 967.0795

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	932.8106	909.9085	924.0766
February	926.8339	905.1400	914.4557
March	924.9206	900.9143	908.2888
April	913.5564	891.5763	902.8125
May	894.9813	885.5491	889.6018
June	898.6214	881.2261	888.0636
July	898.2995	865.0995	880.5802
August	889.9530	858.1094	865.4461
September	869.4540	850.9526	858.1956
October	865.2325	847.2567	856.0380
November	852.9009	838.6864	845.1129
December	851.9408	836.3989	840.5222