YEARLY HIGH
13.8652 MNT
YEARLY LOW
13.5703 MNT
YEARLY AVERAGE
13.6925 MNT

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.

Transfer Payout Power Comparison

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

Yearly Peak High 69,326 MNT
2023 Average 69,152 MNT
Yearly Trough Low 67,851 MNT
Transaction Impact: A difference of 1,474.40 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.8077
13.5520
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 13.7818
H2 Avg (Jul–Dec) 13.6032

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±0.2105
September Spread (Stable) ±0.0053

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 0.1404 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1404

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (February) 13.7838
2023 Avg (February) 13.6094

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