YEARLY HIGH
4641.7010 MNT
YEARLY LOW
4425.8911 MNT
YEARLY AVERAGE
4550.5194 MNT

2024 XDR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XDR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 4641.7010. Conversely, the yearly low was recorded on December 29, dropping to 4425.8911.

This high-to-low spread represents a total annual volatility of 215.8100 MNT. From a start-to-finish perspective, comparing the January average rate of 4606.8023 to the December average rate of 4456.9317, the exchange rate registered a net change of -3.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 4641.7010 was down 3.65% compared to the 2023 peak of 4817.7431, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,208,505 MNT
2023 Average 23,104,074 MNT
Yearly Trough Low 22,129,455 MNT
Transaction Impact: A difference of 1,079,049.85 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4621.7893
4441.9446
JanuMarcMayJulySeptNove

XDR 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 4574.0384, compared to 4527.0003 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 47.0381 points.

H1 Avg (Jan–Jun) 4574.0384
H2 Avg (Jul–Dec) 4527.0003

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 105.2464 MNT (High: 4608.1512 / Low: 4502.9048). On the other end, May was the most stable month, with a tight range of 36.3835 MNT (High: 4580.7304 / Low: 4544.3469).

October Spread (Volatile) ±105.2464
May Spread (Stable) ±36.3835

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 October and November, when the average rate fell by 58.0815 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -58.0815

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 4606.8023) against the same month in 2023 (average: 4577.1819), the exchange rate shifted by +29.6204 (+0.65%).

2024 Avg (January) 4606.8023
2023 Avg (January) 4577.1819

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4641.7010 4588.3883 4606.8023
February 4602.7310 4543.0663 4579.0682
March 4610.3949 4566.7661 4588.0838
April 4586.5766 4523.9791 4556.4320
May 4580.7304 4544.3469 4560.2032
June 4579.7332 4534.9209 4553.6409
July 4576.8169 4503.7045 4540.0580
August 4581.0089 4510.0467 4540.2072
September 4605.4656 4567.3394 4584.1276
October 4608.1512 4502.9048 4549.3795
November 4535.4198 4439.1028 4491.2980
December 4485.4888 4425.8911 4456.9317