2024 SBD to MNT Historical Review

YEARLY HIGH

413.1213 MNT

YEARLY LOW

394.4149 MNT

YEARLY AVERAGE

406.8408 MNT

2024 SBD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 413.1213. Conversely, the yearly low was recorded on March 12, dropping to 394.4149.

This high-to-low spread represents a total annual volatility of 18.7065 MNT. From a start-to-finish perspective, comparing the January average rate of 409.7058 to the December average rate of 405.5255, the exchange rate registered a net change of -1.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 413.1213 was down 3.36% compared to the 2023 peak of 427.4647, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,065,607 MNT

2023 Average 2,074,185 MNT

Yearly Trough Low 1,972,074 MNT

Transaction Impact: A difference of 93,532.25 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

410.6010

399.8580

JanuMarcMayJulySeptNove

SBD 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 407.7629, compared to 405.9186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8443 points.

H1 Avg (Jan–Jun) 407.7629

H2 Avg (Jul–Dec) 405.9186

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 16.1061 MNT (High: 410.5210 / Low: 394.4149). On the other end, May was the most stable month, with a tight range of 1.7618 MNT (High: 407.0708 / Low: 405.3090).

March Spread (Volatile) ±16.1061

May Spread (Stable) ±1.7618

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 5.5741 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -5.5741

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 409.7058) against the same month in 2023 (average: 412.2430), the exchange rate shifted by -2.5372 (-0.62%).

2024 Avg (January) 409.7058

2023 Avg (January) 412.2430

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	413.1213	408.1058	409.7058
February	410.4848	405.3456	408.1323
March	410.5210	394.4149	407.5295
April	408.7595	403.6205	406.8955
May	407.0708	405.3090	406.5955
June	408.7959	406.3807	407.7189
July	409.6711	400.8992	406.3274
August	404.3334	397.5006	400.7533
September	409.7706	400.8992	407.4290
October	411.1299	406.8945	409.0449
November	409.4308	404.9775	406.4316
December	407.6963	405.3171	405.5255