YEARLY HIGH
1955.0000 MNT
YEARLY LOW
1887.5154 MNT
YEARLY AVERAGE
1922.3835 MNT

2023 AWG to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AWG to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 1955.0000. Conversely, the yearly low was recorded on March 16, dropping to 1887.5154.

This high-to-low spread represents a total annual volatility of 67.4846 MNT. From a start-to-finish perspective, comparing the January average rate of 1891.5645 to the December average rate of 1915.4661, the exchange rate registered a net change of 1.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1955.0000 was up 3.29% compared to the 2022 peak of 1892.7585, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,775,000 MNT
2022 Average 8,678,152 MNT
Yearly Trough Low 9,437,577 MNT
Transaction Impact: A difference of 337,423.09 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1959.8136
1885.3600
JanuMarcMayJulySeptNove

AWG 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 1922.9913, compared to 1921.7756 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2157 points.

H1 Avg (Jan–Jun) 1922.9913
H2 Avg (Jul–Dec) 1921.7756

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 67.4846 MNT (High: 1955.0000 / Low: 1887.5154). On the other end, February was the most stable month, with a tight range of 2.6252 MNT (High: 1892.7585 / Low: 1890.1333).

March Spread (Volatile) ±67.4846
February Spread (Stable) ±2.6252

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 32.7157 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -32.7157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 1893.8349) against the same month in 2022 (average: 1601.8029), the exchange rate shifted by +292.0321 (+18.23%).

2023 Avg (March) 1893.8349
2022 Avg (March) 1601.8029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1892.7585 1889.8712 1891.5645
February 1892.7585 1890.1333 1891.8209
March 1955.0000 1887.5154 1893.8349
April 1955.0000 1952.2885 1953.5646
May 1955.0000 1952.2885 1953.6092
June 1955.0000 1952.2885 1953.5539
July 1955.0000 1914.0083 1948.0961
August 1916.6667 1914.0083 1915.3804
September 1919.3324 1914.0083 1916.0577
October 1916.6667 1914.0083 1915.6376
November 1951.3575 1914.0083 1920.0159
December 1916.6667 1914.0083 1915.4661