2023 ILS to MNT Historical Review

YEARLY HIGH

1012.8082 MNT

YEARLY LOW

845.9822 MNT

YEARLY AVERAGE

940.6878 MNT

2023 ILS to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 1012.8082. Conversely, the yearly low was recorded on October 26, dropping to 845.9822.

This high-to-low spread represents a total annual volatility of 166.8260 MNT. From a start-to-finish perspective, comparing the January average rate of 989.4487 to the December average rate of 941.6959, the exchange rate registered a net change of -4.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1012.8082 was up 0.85% compared to the 2022 peak of 1004.2491, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,064,041 MNT

2022 Average 4,648,634 MNT

Yearly Trough Low 4,229,911 MNT

Transaction Impact: A difference of 834,130.04 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1001.6466

855.2720

JanuMarcMayJulySeptNove

ILS 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 964.7290, compared to 916.6466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 48.0825 points.

H1 Avg (Jan–Jun) 964.7290

H2 Avg (Jul–Dec) 916.6466

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 77.1114 MNT (High: 936.5711 / Low: 859.4597). On the other end, September was the most stable month, with a tight range of 11.7000 MNT (High: 908.8557 / Low: 897.1558).

November Spread (Volatile) ±77.1114

September Spread (Stable) ±11.7000

Growth Streaks & Declines

Trends

Between October and December, 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 September and October, when the average rate fell by 36.5077 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -36.5077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 989.4487) against the same month in 2022 (average: 912.1396), the exchange rate shifted by +77.3091 (+8.48%).

2023 Avg (January) 989.4487

2022 Avg (January) 912.1396

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1012.8082	959.2492	989.4487
February	1004.8415	928.8928	961.7821
March	977.3778	928.2083	943.4238
April	984.2090	958.2584	968.1760
May	971.6566	942.1914	958.8299
June	989.9932	938.2324	966.7137
July	980.3703	931.2739	957.6109
August	948.7431	907.0402	921.4686
September	908.8557	897.1558	903.9776
October	905.5372	845.9822	867.4699
November	936.5711	859.4597	907.6566
December	958.1071	926.4232	941.6959