2023 AZN to MNT Historical Review

YEARLY HIGH

2070.0000 MNT

YEARLY LOW

1997.7526 MNT

YEARLY AVERAGE

2036.2462 MNT

2023 AZN to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 2070.0000. Conversely, the yearly low was recorded on March 24, dropping to 1997.7526.

This high-to-low spread represents a total annual volatility of 72.2474 MNT. From a start-to-finish perspective, comparing the January average rate of 2004.0744 to the December average rate of 2029.4118, 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 2070.0000 was up 3.29% compared to the 2022 peak of 2004.0972, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,350,000 MNT

2022 Average 9,188,998 MNT

Yearly Trough Low 9,988,763 MNT

Transaction Impact: A difference of 361,237.06 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2076.5926

1997.4818

JanuMarcMayJulySeptNove

AZN 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 2037.2944, compared to 2035.1980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0964 points.

H1 Avg (Jan–Jun) 2037.2944

H2 Avg (Jul–Dec) 2035.1980

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 72.2474 MNT (High: 2070.0000 / Low: 1997.7526). On the other end, December was the most stable month, with a tight range of 0.0000 MNT (High: 2029.4118 / Low: 2029.4118).

March Spread (Volatile) ±72.2474

December Spread (Stable) ±0.0000

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 35.1388 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -35.1388

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2005.8135) against the same month in 2022 (average: 1696.2850), the exchange rate shifted by +309.5285 (+18.25%).

2023 Avg (March) 2005.8135

2022 Avg (March) 1696.2850

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2004.0972	2003.3901	2004.0744
February	2004.0972	2004.0972	2004.0972
March	2070.0000	1997.7526	2005.8135
April	2070.0000	2069.9915	2069.9997
May	2070.0000	2070.0000	2070.0000
June	2070.0000	2063.4467	2069.7816
July	2070.0000	2029.4118	2064.5505
August	2029.4118	2029.4118	2029.4118
September	2029.4118	2029.4118	2029.4118
October	2029.4118	2029.4118	2029.4118
November	2029.4118	2022.9870	2028.9904
December	2029.4118	2029.4118	2029.4118