YEARLY HIGH
41.3175 MNT
YEARLY LOW
29.8735 MNT
YEARLY AVERAGE
37.0329 MNT

2024 RUB to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 41.3175. Conversely, the yearly low was recorded on December 31, dropping to 29.8735.

This high-to-low spread represents a total annual volatility of 11.4440 MNT. From a start-to-finish perspective, comparing the January average rate of 38.6223 to the December average rate of 32.7672, the exchange rate registered a net change of -15.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 41.3175 was down 19.96% compared to the 2023 peak of 51.6186, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 206,588 MNT
2023 Average 204,795 MNT
Yearly Trough Low 149,368 MNT
Transaction Impact: A difference of 57,220.18 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

39.9685
32.1125
JanuMarcMayJulySeptNove

RUB 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 37.9781, compared to 36.0878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8903 points.

H1 Avg (Jan–Jun) 37.9781
H2 Avg (Jul–Dec) 36.0878

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 5.3643 MNT (High: 35.3965 / Low: 30.0322). On the other end, April was the most stable month, with a tight range of 0.7935 MNT (High: 37.4325 / Low: 36.6390).

November Spread (Volatile) ±5.3643
April Spread (Stable) ±0.7935

Growth Streaks & Declines

Trends

Between April and July, 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 1.9304 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.9304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 39.1500) against the same month in 2023 (average: 42.2137), the exchange rate shifted by -3.0637 (-7.26%).

2024 Avg (June) 39.1500
2023 Avg (June) 42.2137

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 39.3300 37.5003 38.6223
February 38.1225 36.3975 37.5704
March 38.0535 37.1220 37.5607
April 37.4325 36.6390 37.1004
May 38.9505 36.8944 37.8647
June 41.3175 38.1570 39.1500
July 39.9774 38.6797 39.3138
August 40.0346 36.9353 38.2084
September 38.8326 36.0543 37.2288
October 35.9590 34.8506 35.2984
November 35.3965 30.0322 33.7101
December 34.3544 29.8735 32.7672