2023 CAD to MNT Historical Review

YEARLY HIGH

2683.6067 MNT

YEARLY LOW

2458.2166 MNT

YEARLY AVERAGE

2564.7105 MNT

2023 CAD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 2683.6067. Conversely, the yearly low was recorded on March 11, dropping to 2458.2166.

This high-to-low spread represents a total annual volatility of 225.3901 MNT. From a start-to-finish perspective, comparing the January average rate of 2538.7714 to the December average rate of 2572.7945, the exchange rate registered a net change of 1.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2683.6067 was up 4.49% compared to the 2022 peak of 2568.3211, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,418,033 MNT

2022 Average 11,990,350 MNT

Yearly Trough Low 12,291,083 MNT

Transaction Impact: A difference of 1,126,950.43 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2669.5215

2473.1460

JanuMarcMayJulySeptNove

CAD 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 2568.8496, compared to 2560.5715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.2781 points.

H1 Avg (Jan–Jun) 2568.8496

H2 Avg (Jul–Dec) 2560.5715

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 142.9587 MNT (High: 2601.1753 / Low: 2458.2166). On the other end, September was the most stable month, with a tight range of 44.9956 MNT (High: 2566.3246 / Low: 2521.3290).

March Spread (Volatile) ±142.9587

September Spread (Stable) ±44.9956

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 94.6267 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -94.6267

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2653.1569) against the same month in 2022 (average: 2430.6590), the exchange rate shifted by +222.4979 (+9.15%).

2023 Avg (July) 2653.1569

2022 Avg (July) 2430.6590

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2560.4575	2491.6283	2538.7714
February	2566.5914	2496.6677	2531.7140
March	2601.1753	2458.2166	2489.5106
April	2637.5929	2572.6505	2603.5193
May	2631.4963	2576.4176	2601.2061
June	2676.5728	2616.5378	2648.3760
July	2683.6067	2603.2824	2653.1569
August	2599.5554	2534.8077	2558.5302
September	2566.3246	2521.3290	2546.1016
October	2541.6518	2485.3222	2515.8863
November	2544.7977	2493.6755	2516.9592
December	2614.2127	2537.3524	2572.7945