2024 SAR to MNT Historical Review

YEARLY HIGH

921.0670 MNT

YEARLY LOW

904.0273 MNT

YEARLY AVERAGE

913.3197 MNT

2024 SAR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 921.0670. Conversely, the yearly low was recorded on December 14, dropping to 904.0273.

This high-to-low spread represents a total annual volatility of 17.0397 MNT. From a start-to-finish perspective, comparing the January average rate of 919.9524 to the December average rate of 904.5387, the exchange rate registered a net change of -1.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 921.0670 was down 1.88% compared to the 2023 peak of 938.7319, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,605,335 MNT

2023 Average 4,614,072 MNT

Yearly Trough Low 4,520,137 MNT

Transaction Impact: A difference of 85,198.26 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

921.4938

902.9974

JanuMarcMayJulySeptNove

SAR 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 919.8785, compared to 906.7609 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.1176 points.

H1 Avg (Jan–Jun) 919.8785

H2 Avg (Jul–Dec) 906.7609

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 14.1465 MNT (High: 919.8391 / Low: 905.6926). On the other end, May was the most stable month, with a tight range of 0.1871 MNT (High: 919.9880 / Low: 919.8008).

July Spread (Volatile) ±14.1465

May Spread (Stable) ±0.1871

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 9.6983 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -9.6983

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 919.9090) against the same month in 2023 (average: 908.3230), the exchange rate shifted by +11.5860 (+1.28%).

2024 Avg (March) 919.9090

2023 Avg (March) 908.3230

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	920.3060	919.7332	919.9524
February	920.2987	919.8104	919.9508
March	921.0670	918.8467	919.9090
April	920.6410	919.6562	919.8131
May	919.9880	919.8008	919.8769
June	920.6440	919.4657	919.7687
July	919.8391	905.6926	915.2606
August	907.7397	905.0210	905.5623
September	906.2493	905.0873	905.5721
October	905.6723	904.4737	904.8608
November	905.2472	904.3127	904.7707
December	905.3275	904.0273	904.5387