2023 DJF to MNT Historical Review

YEARLY HIGH

20.0277 MNT

YEARLY LOW

18.9609 MNT

YEARLY AVERAGE

19.4665 MNT

2023 DJF to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 20.0277. Conversely, the yearly low was recorded on February 5, dropping to 18.9609.

This high-to-low spread represents a total annual volatility of 1.0668 MNT. From a start-to-finish perspective, comparing the January average rate of 19.1674 to the December average rate of 19.3717, the exchange rate registered a net change of 1.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 20.0277 was up 3.82% compared to the 2022 peak of 19.2908, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 100,139 MNT

2022 Average 87,755 MNT

Yearly Trough Low 94,805 MNT

Transaction Impact: A difference of 5,333.89 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.8779

19.0752

JanuMarcMayJulySeptNove

DJF 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 19.4796, compared to 19.4534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0263 points.

H1 Avg (Jan–Jun) 19.4796

H2 Avg (Jul–Dec) 19.4534

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.6660 MNT (High: 19.7888 / Low: 19.1228). On the other end, January was the most stable month, with a tight range of 0.0917 MNT (High: 19.2199 / Low: 19.1282).

March Spread (Volatile) ±0.6660

January Spread (Stable) ±0.0917

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 0.3644 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3644

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 19.8110) against the same month in 2022 (average: 16.6971), the exchange rate shifted by +3.1140 (+18.65%).

2023 Avg (April) 19.8110

2022 Avg (April) 16.6971

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.2199	19.1282	19.1674
February	19.3075	18.9609	19.1421
March	19.7888	19.1228	19.1981
April	20.0277	19.7505	19.8110
May	19.8260	19.7245	19.7862
June	19.8874	19.6894	19.7729
July	19.9284	19.3866	19.7568
August	19.5214	19.2737	19.3924
September	19.4453	19.2737	19.3804
October	19.4629	19.3277	19.3974
November	19.5367	19.3277	19.4216
December	19.4366	19.2728	19.3717