2024 UYU to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 UYU to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the UYU to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 91.9163. Conversely, the yearly low was recorded on December 20, dropping to 75.9358.
This high-to-low spread represents a total annual volatility of 15.9805 MNT. From a start-to-finish perspective, comparing the January average rate of 88.0747 to the December average rate of 77.2750, the exchange rate registered a net change of -12.26% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 91.9163 was down 2.25% compared to the 2023 peak of 94.0287, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 UYU based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
UYU to MNT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 88.9074, compared to 81.9825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.9249 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was September, with a trading range of 4.1096 MNT (High: 84.4951 / Low: 80.3854). On the other end, February was the most stable month, with a tight range of 0.8651 MNT (High: 88.8085 / Low: 87.9435).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.9652 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 89.7054) against the same month in 2023 (average: 87.2424), the exchange rate shifted by +2.4630 (+2.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 89.0813 | 87.4316 | 88.0747 |
| February | 88.8085 | 87.9435 | 88.1793 |
| March | 91.9163 | 88.3053 | 89.7054 |
| April | 91.8490 | 88.6849 | 89.8022 |
| May | 90.3058 | 89.0122 | 89.6438 |
| June | 89.0813 | 86.9782 | 88.0389 |
| July | 86.3916 | 83.9969 | 85.4752 |
| August | 84.9114 | 83.5949 | 84.2517 |
| September | 84.4951 | 80.3854 | 82.9602 |
| October | 82.8647 | 81.0369 | 81.6928 |
| November | 81.9115 | 79.0597 | 80.2402 |
| December | 79.1609 | 75.9358 | 77.2750 |