2024 XDR to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |