YEARLY HIGH
893.7140 MNT
YEARLY LOW
748.8035 MNT
YEARLY AVERAGE
860.9432 MNT

2024 PLN to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 893.7140. Conversely, the yearly low was recorded on January 1, dropping to 748.8035.

This high-to-low spread represents a total annual volatility of 144.9105 MNT. From a start-to-finish perspective, comparing the January average rate of 858.8662 to the December average rate of 833.4873, the exchange rate registered a net change of -2.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 893.7140 was up 0.30% compared to the 2023 peak of 891.0165, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 17,874,281 MNT
2023 Average 16,520,208 MNT
Yearly Trough Low 14,976,071 MNT
Transaction Impact: A difference of 2,898,210.05 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

887.5653
828.5711
JanuMarcMayJulySeptNove

PLN 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 863.3864, compared to 858.5000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.8864 points.

H1 Avg (Jan–Jun) 863.3864
H2 Avg (Jul–Dec) 858.5000

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 124.1287 MNT (High: 872.9322 / Low: 748.8035). On the other end, February was the most stable month, with a tight range of 17.6434 MNT (High: 869.1179 / Low: 851.4745).

January Spread (Volatile) ±124.1287
February Spread (Stable) ±17.6434

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 24.8827 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -24.8827

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 882.6491) against the same month in 2023 (average: 800.8362), the exchange rate shifted by +81.8129 (+10.22%).

2024 Avg (September) 882.6491
2023 Avg (September) 800.8362

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 872.9322 748.8035 858.8662
February 869.1179 851.4745 861.0904
March 882.1979 862.8244 870.6079
April 879.6893 839.0484 859.5622
May 881.3478 854.4244 870.9901
June 880.6115 842.9128 859.2017
July 884.5541 856.0201 870.3874
August 893.0216 851.9365 873.1858
September 893.7140 872.2885 882.6491
October 876.6982 842.8328 857.7664
November 853.0078 816.0615 833.5240
December 843.2126 822.0368 833.4873