2023 BRL to MNT Historical Review

YEARLY HIGH

744.3996 MNT

YEARLY LOW

621.7657 MNT

YEARLY AVERAGE

693.8229 MNT

2023 BRL to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 744.3996. Conversely, the yearly low was recorded on January 3, dropping to 621.7657.

This high-to-low spread represents a total annual volatility of 122.6338 MNT. From a start-to-finish perspective, comparing the January average rate of 656.9428 to the December average rate of 704.5528, the exchange rate registered a net change of 7.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 744.3996 was up 11.08% compared to the 2022 peak of 670.1643, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 18,609,989 MNT

2022 Average 15,147,578 MNT

Yearly Trough Low 15,544,143 MNT

Transaction Impact: A difference of 3,065,845.78 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

739.2245

646.8669

JanuMarcMayJulySeptNove

BRL 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 683.9377, compared to 703.7081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.7704 points.

H1 Avg (Jan–Jun) 683.9377

H2 Avg (Jul–Dec) 703.7081

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 51.9957 MNT (High: 695.0013 / Low: 643.0056). On the other end, November was the most stable month, with a tight range of 14.5900 MNT (High: 710.8565 / Low: 696.2665).

March Spread (Volatile) ±51.9957

November Spread (Stable) ±14.5900

Growth Streaks & Declines

Trends

Between March and July, 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 28.5421 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -28.5421

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 731.5281) against the same month in 2022 (average: 586.6482), the exchange rate shifted by +144.8799 (+24.70%).

2023 Avg (July) 731.5281

2022 Avg (July) 586.6482

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	672.4760	621.7657	656.9428
February	674.4863	643.8927	657.8317
March	695.0013	643.0056	654.5634
April	716.7444	693.2351	701.7772
May	719.7056	695.9635	707.1737
June	738.6960	701.7510	725.3378
July	744.3996	715.2148	731.5281
August	719.7246	691.6045	702.9859
September	710.5491	684.0217	697.6320
October	691.8264	667.5955	681.5547
November	710.8565	696.2665	703.9954
December	716.4960	694.7661	704.5528