2023 DOP to MNT Historical Review

YEARLY HIGH

65.0969 MNT

YEARLY LOW

59.3734 MNT

YEARLY AVERAGE

61.8541 MNT

2023 DOP to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 65.0969. Conversely, the yearly low was recorded on December 31, dropping to 59.3734.

This high-to-low spread represents a total annual volatility of 5.7235 MNT. From a start-to-finish perspective, comparing the January average rate of 60.2057 to the December average rate of 60.1799, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 65.0969 was up 2.22% compared to the 2022 peak of 63.6851, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 325,485 MNT

2022 Average 284,612 MNT

Yearly Trough Low 296,867 MNT

Transaction Impact: A difference of 28,617.51 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

64.9673

59.7447

JanuMarcMayJulySeptNove

DOP 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 62.6533, compared to 61.0549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5984 points.

H1 Avg (Jan–Jun) 62.6533

H2 Avg (Jul–Dec) 61.0549

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 2.9057 MNT (High: 64.2153 / Low: 61.3097). On the other end, October was the most stable month, with a tight range of 0.4256 MNT (High: 61.0050 / Low: 60.5795).

March Spread (Volatile) ±2.9057

October Spread (Stable) ±0.4256

Growth Streaks & Declines

Trends

Between January and May, 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 1.9777 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.9777

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 64.3342) against the same month in 2022 (average: 54.0817), the exchange rate shifted by +10.2526 (+18.96%).

2023 Avg (April) 64.3342

2022 Avg (April) 54.0817

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	60.5631	59.9718	60.2057
February	61.2892	59.6076	60.6477
March	64.2153	61.3097	62.0706
April	65.0969	64.0464	64.3342
May	64.6875	64.2053	64.5321
June	64.5866	63.5772	64.1296
July	63.9704	61.3879	62.9045
August	61.5557	60.5627	60.9267
September	61.0066	60.5404	60.7874
October	61.0050	60.5795	60.7407
November	61.2769	60.3411	60.7902
December	60.6955	59.3734	60.1799