2023 BBD to MNT Historical Review

YEARLY HIGH

1759.5000 MNT

YEARLY LOW

1703.4826 MNT

YEARLY AVERAGE

1730.9003 MNT

2023 BBD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 1759.5000. Conversely, the yearly low was recorded on March 30, dropping to 1703.4826.

This high-to-low spread represents a total annual volatility of 56.0174 MNT. From a start-to-finish perspective, comparing the January average rate of 1703.4826 to the December average rate of 1725.0000, 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 1759.5000 was up 3.29% compared to the 2022 peak of 1703.4826, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,797,500 MNT

2022 Average 7,810,602 MNT

Yearly Trough Low 8,517,413 MNT

Transaction Impact: A difference of 280,086.84 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1765.1017

1697.8809

JanuMarcMayJulySeptNove

BBD 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 1731.7925, compared to 1730.0081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7844 points.

H1 Avg (Jan–Jun) 1731.7925

H2 Avg (Jul–Dec) 1730.0081

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 56.0174 MNT (High: 1759.5000 / Low: 1703.4826). On the other end, December was the most stable month, with a tight range of 0.0000 MNT (High: 1725.0000 / Low: 1725.0000).

March Spread (Volatile) ±56.0174

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 30.0484 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -30.0484

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 1705.2896) against the same month in 2022 (average: 1441.8423), the exchange rate shifted by +263.4474 (+18.27%).

2023 Avg (March) 1705.2896

2022 Avg (March) 1441.8423

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1703.4826	1703.4826	1703.4826
February	1703.4826	1703.4826	1703.4826
March	1759.5000	1703.4826	1705.2896
April	1759.5000	1759.5000	1759.5000
May	1759.5000	1759.5000	1759.5000
June	1759.5000	1759.5000	1759.5000
July	1759.5000	1725.0000	1755.0484
August	1725.0000	1725.0000	1725.0000
September	1725.0000	1725.0000	1725.0000
October	1725.0000	1725.0000	1725.0000
November	1725.0000	1725.0000	1725.0000
December	1725.0000	1725.0000	1725.0000