2023 BTN to MNT Historical Review

YEARLY HIGH

43.5915 MNT

YEARLY LOW

41.0524 MNT

YEARLY AVERAGE

41.9398 MNT

2023 BTN to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 43.5915. Conversely, the yearly low was recorded on February 15, dropping to 41.0524.

This high-to-low spread represents a total annual volatility of 2.5390 MNT. From a start-to-finish perspective, comparing the January average rate of 41.6400 to the December average rate of 41.4057, the exchange rate registered a net change of -0.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 43.5915 was up 2.59% compared to the 2022 peak of 42.4918, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 217,957 MNT

2022 Average 198,621 MNT

Yearly Trough Low 205,262 MNT

Transaction Impact: A difference of 12,695.23 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

43.1429

41.0781

JanuMarcMayJulySeptNove

BTN 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 42.1553, compared to 41.7242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4311 points.

H1 Avg (Jan–Jun) 42.1553

H2 Avg (Jul–Dec) 41.7242

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.7769 MNT (High: 42.9003 / Low: 41.1234). On the other end, October was the most stable month, with a tight range of 0.2208 MNT (High: 41.6386 / Low: 41.4178).

March Spread (Volatile) ±1.7769

October Spread (Stable) ±0.2208

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 1.0916 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.0916

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 42.9708) against the same month in 2022 (average: 39.0848), the exchange rate shifted by +3.8860 (+9.94%).

2023 Avg (April) 42.9708

2022 Avg (April) 39.0848

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	42.0269	41.0807	41.6400
February	41.6362	41.0524	41.2502
March	42.9003	41.1234	41.4876
April	43.5915	42.7184	42.9708
May	43.1029	42.4841	42.7665
June	43.1943	42.5667	42.8169
July	43.1850	41.9112	42.7541
August	41.9809	41.3721	41.6625
September	41.7602	41.4181	41.5628
October	41.6386	41.4178	41.4911
November	41.7960	41.3668	41.4690
December	41.5472	41.2595	41.4057