2024 RSD to MNT Historical Review

YEARLY HIGH

32.5291 MNT

YEARLY LOW

30.0562 MNT

YEARLY AVERAGE

31.6708 MNT

2024 RSD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 32.5291. Conversely, the yearly low was recorded on December 31, dropping to 30.0562.

This high-to-low spread represents a total annual volatility of 2.4730 MNT. From a start-to-finish perspective, comparing the January average rate of 32.1080 to the December average rate of 30.4251, the exchange rate registered a net change of -5.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 32.5291 was down 3.61% compared to the 2023 peak of 33.7482, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 162,646 MNT

2023 Average 159,732 MNT

Yearly Trough Low 150,281 MNT

Transaction Impact: A difference of 12,364.90 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

32.4360

30.2423

JanuMarcMayJulySeptNove

RSD 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 31.8365, compared to 31.5050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3315 points.

H1 Avg (Jan–Jun) 31.8365

H2 Avg (Jul–Dec) 31.5050

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.4998 MNT (High: 31.7475 / Low: 30.2477). On the other end, March was the most stable month, with a tight range of 0.4299 MNT (High: 32.2353 / Low: 31.8054).

November Spread (Volatile) ±1.4998

March Spread (Stable) ±0.4299

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 October and November, when the average rate fell by 0.7739 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7739

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 32.0121) against the same month in 2023 (average: 32.0946), the exchange rate shifted by -0.0825 (-0.26%).

2024 Avg (August) 32.0121

2023 Avg (August) 32.0946

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.5225	31.8087	32.1080
February	32.0142	31.5352	31.7759
March	32.2353	31.8054	32.0008
April	31.9967	31.2834	31.5830
May	32.0782	31.4374	31.8414
June	32.1297	31.4748	31.7101
July	32.2497	31.3935	31.8315
August	32.5291	31.3139	32.0121
September	32.4763	31.9740	32.2532
October	32.1181	31.2779	31.6411
November	31.7475	30.2477	30.8672
December	30.7581	30.0562	30.4251