2023 AED to MNT Historical Review

YEARLY HIGH

958.3855 MNT

YEARLY LOW

927.5449 MNT

YEARLY AVERAGE

942.5496 MNT

2023 AED to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 958.3855. Conversely, the yearly low was recorded on February 4, dropping to 927.5449.

This high-to-low spread represents a total annual volatility of 30.8406 MNT. From a start-to-finish perspective, comparing the January average rate of 927.5787 to the December average rate of 939.4062, the exchange rate registered a net change of 1.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 958.3855 was up 3.30% compared to the 2022 peak of 927.7331, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,791,928 MNT

2022 Average 4,252,958 MNT

Yearly Trough Low 4,637,725 MNT

Transaction Impact: A difference of 154,203.04 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

961.3516

924.5026

JanuMarcMayJulySeptNove

AED 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 943.0618, compared to 942.0374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0245 points.

H1 Avg (Jan–Jun) 943.0618

H2 Avg (Jul–Dec) 942.0374

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 30.5805 MNT (High: 958.1507 / Low: 927.5702). On the other end, August was the most stable month, with a tight range of 0.0230 MNT (High: 939.2867 / Low: 939.2637).

March Spread (Volatile) ±30.5805

August Spread (Stable) ±0.0230

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 16.3704 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -16.3704

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 958.2809) against the same month in 2022 (average: 838.4035), the exchange rate shifted by +119.8774 (+14.30%).

2023 Avg (May) 958.2809

2022 Avg (May) 838.4035

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	927.6624	927.5626	927.5787
February	927.6055	927.5449	927.5734
March	958.1507	927.5702	928.6269
April	958.3386	958.1246	958.2318
May	958.3855	958.0776	958.2809
June	958.0985	958.0463	958.0794
July	958.0985	939.2701	955.6474
August	939.2867	939.2637	939.2770
September	939.3174	939.2632	939.2839
October	939.2969	939.2637	939.2808
November	939.4401	939.2816	939.3289
December	939.5131	939.3378	939.4062