2023 ALL to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ALL to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ALL to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 39.2338. Conversely, the yearly low was recorded on January 8, dropping to 30.5620.
This high-to-low spread represents a total annual volatility of 8.6718 MNT. From a start-to-finish perspective, comparing the January average rate of 31.5695 to the December average rate of 36.6378, the exchange rate registered a net change of 16.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 39.2338 was up 22.31% compared to the 2022 peak of 32.0770, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ALL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
ALL 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 33.2198, compared to 35.7825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5628 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was August, with a trading range of 3.4251 MNT (High: 37.1184 / Low: 33.6933). On the other end, September was the most stable month, with a tight range of 0.6844 MNT (High: 34.7432 / Low: 34.0588).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.9363 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 37.5733) against the same month in 2022 (average: 27.2795), the exchange rate shifted by +10.2938 (+37.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 31.9092 | 30.5620 | 31.5695 |
| February | 32.0514 | 31.3050 | 31.5313 |
| March | 33.7392 | 31.3496 | 31.9097 |
| April | 35.1624 | 33.7352 | 34.3626 |
| May | 34.9197 | 33.5877 | 34.4088 |
| June | 36.1471 | 34.4698 | 35.5366 |
| July | 39.2338 | 35.9540 | 37.5733 |
| August | 37.1184 | 33.6933 | 35.6371 |
| September | 34.7432 | 34.0588 | 34.4641 |
| October | 34.7985 | 34.0645 | 34.4572 |
| November | 37.0374 | 34.5076 | 35.9255 |
| December | 37.1220 | 36.1902 | 36.6378 |