2023 LYD to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 LYD to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the LYD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 747.8109. Conversely, the yearly low was recorded on March 9, dropping to 701.7232.
This high-to-low spread represents a total annual volatility of 46.0877 MNT. From a start-to-finish perspective, comparing the January average rate of 712.5631 to the December average rate of 717.6123, the exchange rate registered a net change of 0.71% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 747.8109 was up 5.69% compared to the 2022 peak of 707.5733, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LYD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
LYD 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 723.1553, compared to 716.5921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.5632 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 34.4692 MNT (High: 736.1925 / Low: 701.7232). On the other end, October was the most stable month, with a tight range of 4.3790 MNT (High: 707.6234 / Low: 703.2443).
Growth Streaks & Declines
TrendsBetween October and December, 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 18.5758 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2023: 739.1069) against the same month in 2022 (average: 633.3822), the exchange rate shifted by +105.7247 (+16.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 717.1444 | 705.6157 | 712.5631 |
| February | 720.1315 | 702.7851 | 710.6367 |
| March | 736.1925 | 701.7232 | 709.7772 |
| April | 747.8109 | 735.8747 | 739.1069 |
| May | 741.7899 | 728.3828 | 735.9102 |
| June | 738.2339 | 725.9057 | 730.9376 |
| July | 743.5048 | 722.7215 | 736.0117 |
| August | 723.9092 | 713.2370 | 717.4360 |
| September | 716.4496 | 704.2696 | 711.0847 |
| October | 707.6234 | 703.2443 | 705.3845 |
| November | 719.4740 | 704.8008 | 712.0232 |
| December | 724.0294 | 712.5554 | 717.6123 |