2024 SVC to MNT Historical Review

YEARLY HIGH

396.3462 MNT

YEARLY LOW

386.1642 MNT

YEARLY AVERAGE

391.7148 MNT

2024 SVC to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 396.3462. Conversely, the yearly low was recorded on November 10, dropping to 386.1642.

This high-to-low spread represents a total annual volatility of 10.1820 MNT. From a start-to-finish perspective, comparing the January average rate of 394.3508 to the December average rate of 388.4596, the exchange rate registered a net change of -1.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 396.3462 was down 2.75% compared to the 2023 peak of 407.5354, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,981,731 MNT

2023 Average 1,979,198 MNT

Yearly Trough Low 1,930,821 MNT

Transaction Impact: A difference of 50,910.16 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

395.1747

387.4455

JanuMarcMayJulySeptNove

SVC 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 394.3875, compared to 389.0422 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.3453 points.

H1 Avg (Jan–Jun) 394.3875

H2 Avg (Jul–Dec) 389.0422

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 7.2054 MNT (High: 395.4158 / Low: 388.2105). On the other end, September was the most stable month, with a tight range of 1.6477 MNT (High: 389.3294 / Low: 387.6817).

July Spread (Volatile) ±7.2054

September Spread (Stable) ±1.6477

Growth Streaks & Declines

Trends

Between February and April, 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 3.7491 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.7491

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 394.4177) against the same month in 2023 (average: 402.3578), the exchange rate shifted by -7.9401 (-1.97%).

2024 Avg (May) 394.4177

2023 Avg (May) 402.3578

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	395.3953	393.1797	394.3508
February	395.0950	390.7144	394.2203
March	396.0537	393.2385	394.5216
April	395.3769	393.3117	394.5306
May	396.3462	393.6566	394.4177
June	395.2150	391.6916	394.2837
July	395.4158	388.2105	392.4489
August	391.8823	387.2670	388.6998
September	389.3294	387.6817	388.2787
October	388.6491	386.7606	388.0896
November	390.0941	386.1642	388.2764
December	389.8937	387.7607	388.4596