2024 TWD to MNT Historical Review

YEARLY HIGH

112.4379 MNT

YEARLY LOW

103.3949 MNT

YEARLY AVERAGE

106.7942 MNT

2024 TWD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 112.4379. Conversely, the yearly low was recorded on July 29, dropping to 103.3949.

This high-to-low spread represents a total annual volatility of 9.0430 MNT. From a start-to-finish perspective, comparing the January average rate of 110.6121 to the December average rate of 104.3167, the exchange rate registered a net change of -5.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 112.4379 was down 2.87% compared to the 2023 peak of 115.7551, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 562,190 MNT

2023 Average 556,007 MNT

Yearly Trough Low 516,974 MNT

Transaction Impact: A difference of 45,215.23 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

111.2416

103.6872

JanuMarcMayJulySeptNove

TWD 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 108.2146, compared to 105.3737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8409 points.

H1 Avg (Jan–Jun) 108.2146

H2 Avg (Jul–Dec) 105.3737

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 3.3383 MNT (High: 106.9579 / Low: 103.6197). On the other end, June was the most stable month, with a tight range of 1.3412 MNT (High: 107.1811 / Low: 105.8399).

August Spread (Volatile) ±3.3383

June Spread (Stable) ±1.3412

Growth Streaks & Declines

Trends

Between July and September, 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 March and April, when the average rate fell by 2.2399 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.2399

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 110.6121) against the same month in 2023 (average: 112.1068), the exchange rate shifted by -1.4947 (-1.33%).

2024 Avg (January) 110.6121

2023 Avg (January) 112.1068

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	112.4379	109.3208	110.6121
February	110.5061	108.9603	109.7832
March	109.9567	107.8031	108.9022
April	107.8759	105.6911	106.6623
May	107.7159	106.0726	106.8233
June	107.1811	105.8399	106.5047
July	106.4552	103.3949	105.2173
August	106.9579	103.6197	105.4168
September	107.5657	105.6165	106.3475
October	106.5946	105.1719	105.8690
November	106.7302	104.2859	105.0748
December	105.2078	103.5060	104.3167