YEARLY HIGH
1276.5721 MNT
YEARLY LOW
1257.3310 MNT
YEARLY AVERAGE
1268.0378 MNT

2024 XCD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1276.5721. Conversely, the yearly low was recorded on December 31, dropping to 1257.3310.

This high-to-low spread represents a total annual volatility of 19.2411 MNT. From a start-to-finish perspective, comparing the January average rate of 1276.5721 to the December average rate of 1257.3310, 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 1276.5721 was down 1.96% compared to the 2023 peak of 1302.1036, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,382,861 MNT
2023 Average 6,405,066 MNT
Yearly Trough Low 6,286,655 MNT
Transaction Impact: A difference of 96,205.44 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1278.4962
1255.4069
JanuMarcMayJulySeptNove

XCD 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 1276.5721, compared to 1259.5034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 17.0687 points.

H1 Avg (Jan–Jun) 1276.5721
H2 Avg (Jul–Dec) 1259.5034

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 19.2411 MNT (High: 1276.5721 / Low: 1257.3310). On the other end, December was the most stable month, with a tight range of 0.0000 MNT (High: 1257.3310 / Low: 1257.3310).

July Spread (Volatile) ±19.2411
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 13.0343 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -13.0343

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1276.5721) against the same month in 2023 (average: 1260.6484), the exchange rate shifted by +15.9238 (+1.26%).

2024 Avg (January) 1276.5721
2023 Avg (January) 1260.6484

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1276.5721 1276.5721 1276.5721
February 1276.5721 1276.5721 1276.5721
March 1276.5721 1276.5721 1276.5721
April 1276.5721 1276.5721 1276.5721
May 1276.5721 1276.5721 1276.5721
June 1276.5721 1276.5721 1276.5721
July 1276.5721 1257.3310 1270.3653
August 1257.3310 1257.3310 1257.3310
September 1257.3310 1257.3310 1257.3310
October 1257.3310 1257.3310 1257.3310
November 1257.3310 1257.3310 1257.3310
December 1257.3310 1257.3310 1257.3310