2024 SYP to MNT Historical Review

YEARLY HIGH

1.3731 MNT

YEARLY LOW

0.2613 MNT

YEARLY AVERAGE

1.3317 MNT

2024 SYP to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.3731. Conversely, the yearly low was recorded on December 31, dropping to 0.2613.

This high-to-low spread represents a total annual volatility of 1.1118 MNT. From a start-to-finish perspective, comparing the January average rate of 1.3731 to the December average rate of 0.9653, the exchange rate registered a net change of -29.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.3731 was down 1.96% compared to the 2023 peak of 1.4006, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,866 MNT

2023 Average 6,889 MNT

Yearly Trough Low 1,307 MNT

Transaction Impact: A difference of 5,558.87 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.4139

0.9245

JanuMarcMayJulySeptNove

SYP 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 1.3731, compared to 1.2902 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0829 points.

H1 Avg (Jan–Jun) 1.3731

H2 Avg (Jul–Dec) 1.2902

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 1.0911 MNT (High: 1.3524 / Low: 0.2613). On the other end, November was the most stable month, with a tight range of 0.0000 MNT (High: 1.3524 / Low: 1.3524).

December Spread (Volatile) ±1.0911

November 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 November and December, when the average rate fell by 0.3872 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.3872

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.3731) against the same month in 2023 (average: 1.3560), the exchange rate shifted by +0.0171 (+1.26%).

2024 Avg (January) 1.3731

2023 Avg (January) 1.3560

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3731	1.3731	1.3731
February	1.3731	1.3731	1.3731
March	1.3731	1.3731	1.3731
April	1.3731	1.3731	1.3731
May	1.3731	1.3731	1.3731
June	1.3731	1.3731	1.3731
July	1.3731	1.3524	1.3664
August	1.3524	1.3524	1.3524
September	1.3524	1.3524	1.3524
October	1.3524	1.3524	1.3524
November	1.3524	1.3524	1.3524
December	1.3524	0.2613	0.9653