2024 SCR to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 SCR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |