YEARLY HIGH
92.2272 MNT
YEARLY LOW
80.7480 MNT
YEARLY AVERAGE
85.4240 MNT

2024 UAH to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UAH to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 92.2272. Conversely, the yearly low was recorded on December 23, dropping to 80.7480.

This high-to-low spread represents a total annual volatility of 11.4792 MNT. From a start-to-finish perspective, comparing the January average rate of 91.1693 to the December average rate of 81.3406, the exchange rate registered a net change of -10.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 92.2272 was down 4.51% compared to the 2023 peak of 96.5872, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 461,136 MNT
2023 Average 470,440 MNT
Yearly Trough Low 403,740 MNT
Transaction Impact: A difference of 57,396.03 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

92.1522
80.3577
JanuMarcMayJulySeptNove

UAH 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 88.4588, compared to 82.3892 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.0696 points.

H1 Avg (Jan–Jun) 88.4588
H2 Avg (Jul–Dec) 82.3892

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 3.1566 MNT (High: 90.9802 / Low: 87.8236). On the other end, October was the most stable month, with a tight range of 0.5144 MNT (High: 82.5131 / Low: 81.9986).

March Spread (Volatile) ±3.1566
October Spread (Stable) ±0.5144

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 February and March, when the average rate fell by 1.6934 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -1.6934

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 91.1693) against the same month in 2023 (average: 92.6828), the exchange rate shifted by -1.5135 (-1.63%).

2024 Avg (January) 91.1693
2023 Avg (January) 92.6828

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 92.2272 90.2428 91.1693
February 92.0668 89.3043 90.8158
March 90.9802 87.8236 89.1224
April 88.8814 86.6952 87.6190
May 87.8949 85.1033 86.8266
June 86.0586 84.4862 85.1998
July 85.3147 82.1657 83.7284
August 83.1036 82.1139 82.5169
September 82.8971 81.7969 82.3412
October 82.5131 81.9986 82.3322
November 82.4361 81.5743 82.0760
December 82.0328 80.7480 81.3406