2023 KGS to MNT Historical Review

YEARLY HIGH

40.5238 MNT

YEARLY LOW

38.6252 MNT

YEARLY AVERAGE

39.4137 MNT

2023 KGS to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 40.5238. Conversely, the yearly low was recorded on December 12, dropping to 38.6252.

This high-to-low spread represents a total annual volatility of 1.8986 MNT. From a start-to-finish perspective, comparing the January average rate of 39.8110 to the December average rate of 38.7063, the exchange rate registered a net change of -2.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 40.5238 was down 1.25% compared to the 2022 peak of 41.0363, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 202,619 MNT

2022 Average 186,242 MNT

Yearly Trough Low 193,126 MNT

Transaction Impact: A difference of 9,493.09 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

40.3917

38.5397

JanuMarcMayJulySeptNove

KGS 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 39.7827, compared to 39.0448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7378 points.

H1 Avg (Jan–Jun) 39.7827

H2 Avg (Jul–Dec) 39.0448

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.2816 MNT (High: 40.2539 / Low: 38.9724). On the other end, April was the most stable month, with a tight range of 0.0460 MNT (High: 40.2539 / Low: 40.2080).

March Spread (Volatile) ±1.2816

April Spread (Stable) ±0.0460

Growth Streaks & Declines

Trends

Between March and June, 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 0.8463 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8463

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 39.8110) against the same month in 2022 (average: 33.7338), the exchange rate shifted by +6.0773 (+18.02%).

2023 Avg (January) 39.8110

2022 Avg (January) 33.7338

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.5238	39.5469	39.8110
February	39.5469	38.9724	39.1765
March	40.2539	38.9724	39.0138
April	40.2539	40.2080	40.2266
May	40.3093	40.1758	40.2306
June	40.3548	40.1758	40.2374
July	40.3548	39.3356	40.0163
August	39.3131	39.0846	39.1700
September	39.0914	38.8908	38.9643
October	38.8908	38.6252	38.7179
November	38.9271	38.6252	38.6941
December	38.8227	38.6252	38.7063