2023 CRC to MNT Historical Review

YEARLY HIGH

6.6398 MNT

YEARLY LOW

5.7575 MNT

YEARLY AVERAGE

6.3966 MNT

2023 CRC to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 6.6398. Conversely, the yearly low was recorded on January 2, dropping to 5.7575.

This high-to-low spread represents a total annual volatility of 0.8823 MNT. From a start-to-finish perspective, comparing the January average rate of 5.9308 to the December average rate of 6.5695, the exchange rate registered a net change of 10.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.6398 was up 13.27% compared to the 2022 peak of 5.8620, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,199 MNT

2022 Average 24,290 MNT

Yearly Trough Low 28,788 MNT

Transaction Impact: A difference of 4,411.51 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.6344

5.8668

JanuMarcMayJulySeptNove

CRC 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 6.3080, compared to 6.4851 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1771 points.

H1 Avg (Jan–Jun) 6.3080

H2 Avg (Jul–Dec) 6.4851

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.4299 MNT (High: 6.5223 / Low: 6.0924). On the other end, June was the most stable month, with a tight range of 0.0740 MNT (High: 6.5556 / Low: 6.4816).

March Spread (Volatile) ±0.4299

June Spread (Stable) ±0.0740

Growth Streaks & Declines

Trends

Between August and December, 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 0.0880 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0880

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 6.5695) against the same month in 2022 (average: 5.7787), the exchange rate shifted by +0.7908 (+13.68%).

2023 Avg (December) 6.5695

2022 Avg (December) 5.7787

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.1685	5.7575	5.9308
February	6.1777	5.8561	6.0299
March	6.5223	6.0924	6.2520
April	6.6326	6.4828	6.5705
May	6.6033	6.4753	6.5477
June	6.5556	6.4816	6.5172
July	6.5739	6.3816	6.4984
August	6.4819	6.3232	6.4104
September	6.5186	6.3985	6.4420
October	6.5119	6.4332	6.4864
November	6.5527	6.4619	6.5038
December	6.6398	6.5148	6.5695