2023 GYD to MNT Historical Review

YEARLY HIGH

16.8264 MNT

YEARLY LOW

15.9977 MNT

YEARLY AVERAGE

16.4734 MNT

2023 GYD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 16.8264. Conversely, the yearly low was recorded on February 5, dropping to 15.9977.

This high-to-low spread represents a total annual volatility of 0.8286 MNT. From a start-to-finish perspective, comparing the January average rate of 16.2474 to the December average rate of 16.4687, the exchange rate registered a net change of 1.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.8264 was up 2.49% compared to the 2022 peak of 16.4175, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 84,132 MNT

2022 Average 74,661 MNT

Yearly Trough Low 79,989 MNT

Transaction Impact: A difference of 4,143.23 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.7867

16.0865

JanuMarcMayJulySeptNove

GYD 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 16.4194, compared to 16.5273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1079 points.

H1 Avg (Jan–Jun) 16.4194

H2 Avg (Jul–Dec) 16.5273

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.5469 MNT (High: 16.6761 / Low: 16.1292). On the other end, May was the most stable month, with a tight range of 0.0831 MNT (High: 16.6903 / Low: 16.6072).

March Spread (Volatile) ±0.5469

May Spread (Stable) ±0.0831

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 0.2456 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2456

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 16.7284) against the same month in 2022 (average: 15.0211), the exchange rate shifted by +1.7073 (+11.37%).

2023 Avg (July) 16.7284

2022 Avg (July) 15.0211

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.3397	16.1329	16.2474
February	16.2386	15.9977	16.1448
March	16.6761	16.1292	16.1877
April	16.7541	16.6169	16.6489
May	16.6903	16.6072	16.6465
June	16.7415	16.5751	16.6410
July	16.8264	16.4799	16.7284
August	16.5961	16.3491	16.4828
September	16.5492	16.4550	16.4918
October	16.5642	16.4411	16.4938
November	16.6266	16.3362	16.4984
December	16.4925	16.3878	16.4687