YEARLY HIGH
0.1645 MNT
YEARLY LOW
0.1620 MNT
YEARLY AVERAGE
0.1634 MNT

2024 SLL to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SLL to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1645. Conversely, the yearly low was recorded on December 31, dropping to 0.1620.

This high-to-low spread represents a total annual volatility of 0.0025 MNT. From a start-to-finish perspective, comparing the January average rate of 0.1645 to the December average rate of 0.1620, the exchange rate registered a net change of -1.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1645 was down 17.41% compared to the 2023 peak of 0.1992, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 823 MNT
2023 Average 914 MNT
Yearly Trough Low 810 MNT
Transaction Impact: A difference of 12.40 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1648
0.1618
JanuMarcMayJulySeptNove

SLL 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 0.1645, compared to 0.1623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1645
H2 Avg (Jul–Dec) 0.1623

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0025 MNT (High: 0.1645 / Low: 0.1620). On the other end, December was the most stable month, with a tight range of 0.0000 MNT (High: 0.1620 / Low: 0.1620).

July Spread (Volatile) ±0.0025
December Spread (Stable) ±0.0000

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 0.0017 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1645) against the same month in 2023 (average: 0.1929), the exchange rate shifted by -0.0283 (-14.69%).

2024 Avg (January) 0.1645
2023 Avg (January) 0.1929

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1645 0.1645 0.1645
February 0.1645 0.1645 0.1645
March 0.1645 0.1645 0.1645
April 0.1645 0.1645 0.1645
May 0.1645 0.1645 0.1645
June 0.1645 0.1645 0.1645
July 0.1645 0.1620 0.1637
August 0.1620 0.1620 0.1620
September 0.1620 0.1620 0.1620
October 0.1620 0.1620 0.1620
November 0.1620 0.1620 0.1620
December 0.1620 0.1620 0.1620