2023 MDL to MNT Historical Review

YEARLY HIGH

203.4147 MNT

YEARLY LOW

177.1784 MNT

YEARLY AVERAGE

191.4066 MNT

2023 MDL to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 203.4147. Conversely, the yearly low was recorded on January 8, dropping to 177.1784.

This high-to-low spread represents a total annual volatility of 26.2362 MNT. From a start-to-finish perspective, comparing the January average rate of 179.4119 to the December average rate of 195.9743, the exchange rate registered a net change of 9.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 203.4147 was up 13.99% compared to the 2022 peak of 178.4561, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,017,073 MNT

2022 Average 827,221 MNT

Yearly Trough Low 885,892 MNT

Transaction Impact: A difference of 131,181.23 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

199.9331

177.5463

JanuMarcMayJulySeptNove

MDL 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 189.0022, compared to 193.8110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.8088 points.

H1 Avg (Jan–Jun) 189.0022

H2 Avg (Jul–Dec) 193.8110

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 11.8282 MNT (High: 192.2772 / Low: 180.4491). On the other end, October was the most stable month, with a tight range of 2.8450 MNT (High: 191.6638 / Low: 188.8188).

March Spread (Volatile) ±11.8282

October Spread (Stable) ±2.8450

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 3.2074 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -3.2074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 196.1971) against the same month in 2022 (average: 163.2937), the exchange rate shifted by +32.9034 (+20.15%).

2023 Avg (July) 196.1971

2022 Avg (July) 163.2937

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	182.0504	177.1784	179.4119
February	182.9793	179.9892	181.5018
March	192.2772	180.4491	183.3169
April	197.0625	192.2623	195.0982
May	199.3503	196.2539	198.0675
June	198.3123	192.2949	196.6170
July	203.4147	191.8549	196.1971
August	197.1320	193.5958	195.1555
September	194.0443	188.6346	191.9480
October	191.6638	188.8188	190.2810
November	195.2518	190.4046	193.3103
December	199.4435	192.4091	195.9743