2023 LSL to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 LSL to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the LSL to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 202.5544. Conversely, the yearly low was recorded on November 13, dropping to 176.0343.
This high-to-low spread represents a total annual volatility of 26.5201 MNT. From a start-to-finish perspective, comparing the January average rate of 199.2011 to the December average rate of 184.8212, the exchange rate registered a net change of -7.22% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 202.5544 was down 1.62% compared to the 2022 peak of 205.8888, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LSL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
LSL to MNT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 190.5540, compared to 184.9380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.6160 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 15.6570 MNT (High: 193.6086 / Low: 177.9516). On the other end, September was the most stable month, with a tight range of 4.7516 MNT (High: 184.2099 / Low: 179.4583).
Growth Streaks & Declines
TrendsBetween May and July, 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 9.1556 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 199.2011) against the same month in 2022 (average: 184.7764), the exchange rate shifted by +14.4247 (+7.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 202.5544 | 195.4049 | 199.2011 |
| February | 199.3543 | 184.8349 | 190.3844 |
| March | 197.3737 | 183.0104 | 186.7356 |
| April | 198.2133 | 191.0362 | 194.0496 |
| May | 192.5055 | 178.2092 | 184.9322 |
| June | 193.6086 | 177.9516 | 188.0212 |
| July | 200.1816 | 185.5490 | 192.7006 |
| August | 191.4903 | 177.0593 | 183.5450 |
| September | 184.2099 | 179.4583 | 181.9751 |
| October | 183.6014 | 177.4985 | 181.0539 |
| November | 189.8826 | 176.0343 | 185.5323 |
| December | 188.9301 | 180.6038 | 184.8212 |