2024 YER to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 YER to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the YER to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 13.8652. Conversely, the yearly low was recorded on December 1, dropping to 13.5703.
This high-to-low spread represents a total annual volatility of 0.2949 MNT. From a start-to-finish perspective, comparing the January average rate of 13.7811 to the December average rate of 13.5882, the exchange rate registered a net change of -1.40% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 13.8652 was down 1.42% compared to the 2023 peak of 14.0649, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 YER based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
YER 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 13.7818, compared to 13.6032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1786 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 0.2105 MNT (High: 13.7835 / Low: 13.5730). On the other end, September was the most stable month, with a tight range of 0.0053 MNT (High: 13.5769 / Low: 13.5716).
Growth Streaks & Declines
TrendsNo 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 0.1404 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 13.7838) against the same month in 2023 (average: 13.6094), the exchange rate shifted by +0.1744 (+1.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.7873 | 13.7780 | 13.7811 |
| February | 13.8652 | 13.7793 | 13.7838 |
| March | 13.7835 | 13.7780 | 13.7802 |
| April | 13.7841 | 13.7752 | 13.7796 |
| May | 13.8083 | 13.7752 | 13.7864 |
| June | 13.7835 | 13.7766 | 13.7796 |
| July | 13.7835 | 13.5730 | 13.7139 |
| August | 13.6015 | 13.5703 | 13.5735 |
| September | 13.5769 | 13.5716 | 13.5740 |
| October | 13.5770 | 13.5703 | 13.5733 |
| November | 13.6042 | 13.5730 | 13.5964 |
| December | 13.6017 | 13.5703 | 13.5882 |