YEARLY HIGH
1232.1429 MNT
YEARLY LOW
1213.5714 MNT
YEARLY AVERAGE
1223.9055 MNT

2024 WST to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1232.1429. Conversely, the yearly low was recorded on December 31, dropping to 1213.5714.

This high-to-low spread represents a total annual volatility of 18.5714 MNT. From a start-to-finish perspective, comparing the January average rate of 1232.1429 to the December average rate of 1213.5714, the exchange rate registered a net change of -1.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1232.1429 was down 4.57% compared to the 2023 peak of 1291.1345, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,160,714 MNT
2023 Average 6,336,986 MNT
Yearly Trough Low 6,067,857 MNT
Transaction Impact: A difference of 92,857.14 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1234.0000
1211.7143
JanuMarcMayJulySeptNove

WST 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 1232.1429, compared to 1215.6682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.4747 points.

H1 Avg (Jan–Jun) 1232.1429
H2 Avg (Jul–Dec) 1215.6682

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 18.5714 MNT (High: 1232.1429 / Low: 1213.5714). On the other end, December was the most stable month, with a tight range of 0.0000 MNT (High: 1213.5714 / Low: 1213.5714).

July Spread (Volatile) ±18.5714
December 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 July and August, when the average rate fell by 12.5806 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -12.5806

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1232.1429) against the same month in 2023 (average: 1262.9850), the exchange rate shifted by -30.8422 (-2.44%).

2024 Avg (January) 1232.1429
2023 Avg (January) 1262.9850

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1232.1429 1232.1429 1232.1429
February 1232.1429 1232.1429 1232.1429
March 1232.1429 1232.1429 1232.1429
April 1232.1429 1232.1429 1232.1429
May 1232.1429 1232.1429 1232.1429
June 1232.1429 1232.1429 1232.1429
July 1232.1429 1213.5714 1226.1521
August 1213.5714 1213.5714 1213.5714
September 1213.5714 1213.5714 1213.5714
October 1213.5714 1213.5714 1213.5714
November 1213.5714 1213.5714 1213.5714
December 1213.5714 1213.5714 1213.5714