YEARLY HIGH
326.1471 MNT
YEARLY LOW
310.6603 MNT
YEARLY AVERAGE
317.8183 MNT

2024 TJS to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 326.1471. Conversely, the yearly low was recorded on December 29, dropping to 310.6603.

This high-to-low spread represents a total annual volatility of 15.4868 MNT. From a start-to-finish perspective, comparing the January average rate of 315.8219 to the December average rate of 311.3842, the exchange rate registered a net change of -1.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 326.1471 was down 4.14% compared to the 2023 peak of 340.2383, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,630,735 MNT
2023 Average 1,602,723 MNT
Yearly Trough Low 1,553,301 MNT
Transaction Impact: A difference of 77,434.23 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

323.9623
310.2407
JanuMarcMayJulySeptNove

TJS 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 317.1301, compared to 318.5065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3764 points.

H1 Avg (Jan–Jun) 317.1301
H2 Avg (Jul–Dec) 318.5065

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 9.2567 MNT (High: 320.8032 / Low: 311.5465). On the other end, December was the most stable month, with a tight range of 1.6684 MNT (High: 312.3287 / Low: 310.6603).

November Spread (Volatile) ±9.2567
December Spread (Stable) ±1.6684

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 7.1279 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -7.1279

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 322.8188) against the same month in 2023 (average: 322.2072), the exchange rate shifted by +0.6117 (+0.19%).

2024 Avg (June) 322.8188
2023 Avg (June) 322.2072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 316.6103 314.3310 315.8219
February 316.3593 312.9198 315.2155
March 316.3376 313.9563 315.2576
April 316.4796 314.7603 315.5539
May 321.8106 315.6772 318.1128
June 326.1471 319.2750 322.8188
July 324.8793 318.9603 322.7377
August 324.2432 317.5698 320.3633
September 320.1631 317.9984 319.1565
October 319.9261 317.7560 318.8855
November 320.8032 311.5465 318.5121
December 312.3287 310.6603 311.3842