2023 JOD to MNT Historical Review

YEARLY HIGH

4963.3286 MNT

YEARLY LOW

4797.8669 MNT

YEARLY AVERAGE

4881.1039 MNT

2023 JOD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 4963.3286. Conversely, the yearly low was recorded on March 13, dropping to 4797.8669.

This high-to-low spread represents a total annual volatility of 165.4618 MNT. From a start-to-finish perspective, comparing the January average rate of 4802.4487 to the December average rate of 4863.0437, the exchange rate registered a net change of 1.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 4963.3286 was up 3.29% compared to the 2022 peak of 4805.3107, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24,816,643 MNT

2022 Average 22,030,614 MNT

Yearly Trough Low 23,989,334 MNT

Transaction Impact: A difference of 827,308.81 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4976.5251

4786.2628

JanuMarcMayJulySeptNove

JOD 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 4882.1362, compared to 4880.0717 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0646 points.

H1 Avg (Jan–Jun) 4882.1362

H2 Avg (Jul–Dec) 4880.0717

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 162.6632 MNT (High: 4960.5300 / Low: 4797.8669). On the other end, April was the most stable month, with a tight range of 0.6994 MNT (High: 4961.2294 / Low: 4960.5300).

March Spread (Volatile) ±162.6632

April Spread (Stable) ±0.6994

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 76.5068 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -76.5068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 4949.3440) against the same month in 2022 (average: 4431.5293), the exchange rate shifted by +517.8147 (+11.68%).

2023 Avg (July) 4949.3440

2022 Avg (July) 4431.5293

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4803.2783	4799.2186	4802.4487
February	4802.6012	4798.5426	4802.1180
March	4960.5300	4797.8669	4807.0191
April	4961.2294	4960.5300	4960.6699
May	4961.2294	4959.8309	4960.1015
June	4961.2294	4959.8309	4960.4601
July	4963.3286	4866.0085	4949.3440
August	4874.2583	4870.8175	4872.8372
September	4872.8814	4860.5241	4868.4387
October	4864.6362	4861.2090	4863.0217
November	4863.9504	4861.2090	4863.7447
December	4863.9504	4861.8940	4863.0437