YEARLY HIGH
202.5544 MNT
YEARLY LOW
176.0343 MNT
YEARLY AVERAGE
187.7460 MNT

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.

Transfer Payout Power Comparison

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

Yearly Peak High 1,012,772 MNT
2022 Average 955,528 MNT
Yearly Trough Low 880,172 MNT
Transaction Impact: A difference of 132,600.43 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

201.0159
179.2391
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 190.5540
H2 Avg (Jul–Dec) 184.9380

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±15.6570
September Spread (Stable) ±4.7516

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -9.1556

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (January) 199.2011
2022 Avg (January) 184.7764

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