2023 LBP to MNT Historical Review

YEARLY HIGH

2.2609 MNT

YEARLY LOW

0.2212 MNT

YEARLY AVERAGE

0.4283 MNT

2023 LBP to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 2.2609. Conversely, the yearly low was recorded on February 6, dropping to 0.2212.

This high-to-low spread represents a total annual volatility of 2.0397 MNT. From a start-to-finish perspective, comparing the January average rate of 2.2475 to the December average rate of 0.2292, the exchange rate registered a net change of -89.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2609 was down 0.45% compared to the 2022 peak of 2.2710, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,304 MNT

2022 Average 10,306 MNT

Yearly Trough Low 1,106 MNT

Transaction Impact: A difference of 10,198.36 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4496

0.0241

JanuMarcMayJulySeptNove

LBP 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 0.6267, compared to 0.2300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3966 points.

H1 Avg (Jan–Jun) 0.6267

H2 Avg (Jul–Dec) 0.2300

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.0371 MNT (High: 2.2583 / Low: 0.2212). On the other end, December was the most stable month, with a tight range of 0.0013 MNT (High: 0.2296 / Low: 0.2283).

February Spread (Volatile) ±2.0371

December Spread (Stable) ±0.0013

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 January and February, when the average rate fell by 1.6604 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.6604

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.2475) against the same month in 2022 (average: 1.8922), the exchange rate shifted by +0.3554 (+18.78%).

2023 Avg (January) 2.2475

2022 Avg (January) 1.8922

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2609	2.2318	2.2475
February	2.2583	0.2212	0.5871
March	0.2340	0.2234	0.2263
April	0.2364	0.2306	0.2331
May	0.2352	0.2305	0.2333
June	0.2348	0.2305	0.2327
July	0.2360	0.2279	0.2330
August	0.2300	0.2260	0.2291
September	0.2302	0.2272	0.2292
October	0.2306	0.2287	0.2297
November	0.2314	0.2294	0.2299
December	0.2296	0.2283	0.2292