2023 JPY to MNT Historical Review

YEARLY HIGH

26.8754 MNT

YEARLY LOW

22.7498 MNT

YEARLY AVERAGE

24.6963 MNT

2023 JPY to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 26.8754. Conversely, the yearly low was recorded on November 13, dropping to 22.7498.

This high-to-low spread represents a total annual volatility of 4.1256 MNT. From a start-to-finish perspective, comparing the January average rate of 26.1751 to the December average rate of 24.0181, the exchange rate registered a net change of -8.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 26.8754 was up 3.43% compared to the 2022 peak of 25.9845, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 13,437,709 MNT

2022 Average 11,909,418 MNT

Yearly Trough Low 11,374,891 MNT

Transaction Impact: A difference of 2,062,817.47 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

26.6819

22.6996

JanuMarcMayJulySeptNove

JPY 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 25.6996, compared to 23.6931 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0066 points.

H1 Avg (Jan–Jun) 25.6996

H2 Avg (Jul–Dec) 23.6931

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.7055 MNT (High: 26.5035 / Low: 24.7979). On the other end, October was the most stable month, with a tight range of 0.4593 MNT (High: 23.2582 / Low: 22.7989).

March Spread (Volatile) ±1.7055

October Spread (Stable) ±0.4593

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.0417 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.0417

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 26.3501) against the same month in 2022 (average: 23.5869), the exchange rate shifted by +2.7632 (+11.72%).

2023 Avg (April) 26.3501

2022 Avg (April) 23.5869

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.6388	25.5544	26.1751
February	26.4913	24.9622	25.5848
March	26.5035	24.7979	25.5365
April	26.8754	25.7979	26.3501
May	26.2425	24.9777	25.6479
June	25.3631	24.3031	24.9035
July	25.4878	24.2395	24.8701
August	24.3378	23.5418	23.8284
September	23.5972	23.0777	23.3417
October	23.2582	22.7989	23.0686
November	23.4601	22.7498	23.0315
December	24.4637	23.4204	24.0181