2023 BWP to MNT Historical Review

YEARLY HIGH

270.8832 MNT

YEARLY LOW

249.0872 MNT

YEARLY AVERAGE

259.3332 MNT

2023 BWP to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 27, valuing the pair at 270.8832. Conversely, the yearly low was recorded on October 5, dropping to 249.0872.

This high-to-low spread represents a total annual volatility of 21.7960 MNT. From a start-to-finish perspective, comparing the January average rate of 266.7182 to the December average rate of 255.4550, the exchange rate registered a net change of -4.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 270.8832 was up 1.73% compared to the 2022 peak of 266.2882, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,354,416 MNT

2022 Average 1,262,421 MNT

Yearly Trough Low 1,245,436 MNT

Transaction Impact: A difference of 108,980.15 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

269.8275

249.4822

JanuMarcMayJulySeptNove

BWP 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 262.7377, compared to 255.9286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.8091 points.

H1 Avg (Jan–Jun) 262.7377

H2 Avg (Jul–Dec) 255.9286

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 16.4446 MNT (High: 270.4894 / Low: 254.0449). On the other end, October was the most stable month, with a tight range of 4.0296 MNT (High: 253.1168 / Low: 249.0872).

March Spread (Volatile) ±16.4446

October Spread (Stable) ±4.0296

Growth Streaks & Declines

Trends

Between May and July, 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 9.4850 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -9.4850

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 265.1716) against the same month in 2022 (average: 248.8062), the exchange rate shifted by +16.3654 (+6.58%).

2023 Avg (July) 265.1716

2022 Avg (July) 248.8062

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	269.7175	264.1375	266.7182
February	268.4806	255.7453	260.4280
March	270.4894	254.0449	258.0243
April	270.4894	265.7101	268.1321
May	267.5267	255.2314	261.3044
June	265.9424	255.2246	261.8194
July	270.8832	259.3179	265.1716
August	261.0543	253.0224	255.6866
September	255.4491	250.1974	252.8117
October	253.1168	249.0872	251.1777
November	258.4541	252.8414	255.2692
December	257.9432	251.6259	255.4550