2023 BZD to MNT Historical Review

YEARLY HIGH

1769.1160 MNT

YEARLY LOW

1674.6403 MNT

YEARLY AVERAGE

1718.3309 MNT

2023 BZD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 1769.1160. Conversely, the yearly low was recorded on February 5, dropping to 1674.6403.

This high-to-low spread represents a total annual volatility of 94.4757 MNT. From a start-to-finish perspective, comparing the January average rate of 1690.2005 to the December average rate of 1709.7923, the exchange rate registered a net change of 1.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1769.1160 was up 3.84% compared to the 2022 peak of 1703.7288, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,845,580 MNT

2022 Average 7,750,474 MNT

Yearly Trough Low 8,373,202 MNT

Transaction Impact: A difference of 472,378.64 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1753.3363

1684.2733

JanuMarcMayJulySeptNove

BZD 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 1719.4667, compared to 1717.1950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2716 points.

H1 Avg (Jan–Jun) 1719.4667

H2 Avg (Jul–Dec) 1717.1950

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 58.3662 MNT (High: 1747.0843 / Low: 1688.7182). On the other end, January was the most stable month, with a tight range of 7.1562 MNT (High: 1695.9011 / Low: 1688.7450).

March Spread (Volatile) ±58.3662

January Spread (Stable) ±7.1562

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 31.8797 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -31.8797

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 1747.5811) against the same month in 2022 (average: 1476.0710), the exchange rate shifted by +271.5101 (+18.39%).

2023 Avg (April) 1747.5811

2022 Avg (April) 1476.0710

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1695.9011	1688.7450	1690.2005
February	1699.8161	1674.6403	1690.0285
March	1747.0843	1688.7182	1696.2493
April	1769.1160	1743.4343	1747.5811
May	1751.2560	1742.5373	1746.6514
June	1756.6086	1739.1519	1746.0893
July	1762.4459	1710.5077	1743.4535
August	1722.5763	1705.1032	1711.5738
September	1717.6775	1707.8997	1711.9501
October	1719.1626	1707.8997	1712.7964
November	1725.7231	1710.1855	1713.6042
December	1713.0438	1702.3738	1709.7923