YEARLY HIGH
747.8109 MNT
YEARLY LOW
701.7232 MNT
YEARLY AVERAGE
719.8737 MNT

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.

Transfer Payout Power Comparison

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

Yearly Peak High 3,739,055 MNT
2022 Average 3,248,496 MNT
Yearly Trough Low 3,508,616 MNT
Transaction Impact: A difference of 230,438.39 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

742.4791
702.0123
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 723.1553
H2 Avg (Jul–Dec) 716.5921

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±34.4692
October Spread (Stable) ±4.3790

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -18.5758

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (April) 739.1069
2022 Avg (April) 633.3822

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