2023 ANG to MNT Historical Review

YEARLY HIGH

1978.5936 MNT

YEARLY LOW

1872.9922 MNT

YEARLY AVERAGE

1921.6082 MNT

2023 ANG to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ANG to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 1978.5936. Conversely, the yearly low was recorded on February 5, dropping to 1872.9922.

This high-to-low spread represents a total annual volatility of 105.6015 MNT. From a start-to-finish perspective, comparing the January average rate of 1890.3719 to the December average rate of 1912.3190, the exchange rate registered a net change of 1.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1978.5936 was up 3.84% compared to the 2022 peak of 1905.4648, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,892,968 MNT

2022 Average 8,668,078 MNT

Yearly Trough Low 9,364,961 MNT

Transaction Impact: A difference of 528,007.30 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1961.0105

1883.7585

JanuMarcMayJulySeptNove

ANG 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 1922.7151, compared to 1920.5014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2136 points.

H1 Avg (Jan–Jun) 1922.7151

H2 Avg (Jul–Dec) 1920.5014

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 65.5432 MNT (High: 1953.9709 / Low: 1888.4277). On the other end, January was the most stable month, with a tight range of 8.4796 MNT (High: 1896.7701 / Low: 1888.2906).

March Spread (Volatile) ±65.5432

January Spread (Stable) ±8.4796

Growth Streaks & Declines

Trends

Between August and November, 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 35.5238 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -35.5238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 1954.5728) against the same month in 2022 (average: 1650.8923), the exchange rate shifted by +303.6805 (+18.39%).

2023 Avg (April) 1954.5728

2022 Avg (April) 1650.8923

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1896.7701	1888.2906	1890.3719
February	1901.1308	1872.9922	1890.1962
March	1953.9709	1888.4277	1895.1884
April	1978.5936	1949.8610	1954.5728
May	1958.6900	1946.4131	1953.0843
June	1964.6716	1945.1973	1952.8767
July	1971.2176	1913.1104	1949.8440
August	1926.5778	1907.0857	1914.3202
September	1921.0959	1910.1213	1914.6961
October	1922.8636	1910.1213	1915.4880
November	1930.0516	1912.1985	1916.3414
December	1915.7897	1903.9746	1912.3190