YEARLY HIGH
265.1118 MNT
YEARLY LOW
225.1943 MNT
YEARLY AVERAGE
250.8065 MNT

2024 SCR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 265.1118. Conversely, the yearly low was recorded on December 16, dropping to 225.1943.

This high-to-low spread represents a total annual volatility of 39.9175 MNT. From a start-to-finish perspective, comparing the January average rate of 257.8359 to the December average rate of 240.8941, the exchange rate registered a net change of -6.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 265.1118 was down 2.70% compared to the 2023 peak of 272.4798, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,325,559 MNT
2023 Average 1,288,697 MNT
Yearly Trough Low 1,125,972 MNT
Transaction Impact: A difference of 199,587.34 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

259.5301
239.1999
JanuMarcMayJulySeptNove

SCR 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 254.0666, compared to 247.5465 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.5201 points.

H1 Avg (Jan–Jun) 254.0666
H2 Avg (Jul–Dec) 247.5465

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 38.7607 MNT (High: 265.0096 / Low: 226.2489). On the other end, May was the most stable month, with a tight range of 7.7745 MNT (High: 257.0862 / Low: 249.3118).

August Spread (Volatile) ±38.7607
May Spread (Stable) ±7.7745

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 November and December, when the average rate fell by 6.3033 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -6.3033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 252.7264) against the same month in 2023 (average: 262.6128), the exchange rate shifted by -9.8864 (-3.76%).

2024 Avg (September) 252.7264
2023 Avg (September) 262.6128

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 264.1650 248.5301 257.8359
February 261.6669 249.6526 256.3678
March 258.7857 242.2727 253.8533
April 257.2752 240.1385 253.8793
May 257.0862 249.3118 252.6366
June 254.4158 234.9886 249.8267
July 255.3972 244.4868 248.8777
August 265.0096 226.2489 247.5955
September 265.1118 243.4278 252.7264
October 259.8520 225.8272 247.9879
November 253.6509 237.6155 247.1973
December 255.3875 225.1943 240.8941