2023 MGA to MNT Historical Review

YEARLY HIGH

0.8129 MNT

YEARLY LOW

0.7473 MNT

YEARLY AVERAGE

0.7783 MNT

2023 MGA to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 0.8129. Conversely, the yearly low was recorded on December 30, dropping to 0.7473.

This high-to-low spread represents a total annual volatility of 0.0656 MNT. From a start-to-finish perspective, comparing the January average rate of 0.7751 to the December average rate of 0.7529, the exchange rate registered a net change of -2.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8129 was up 1.55% compared to the 2022 peak of 0.8005, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,064 MNT

2022 Average 3,780 MNT

Yearly Trough Low 3,736 MNT

Transaction Impact: A difference of 328.02 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8090

0.7478

JanuMarcMayJulySeptNove

MGA 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 0.7915, compared to 0.7651 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0264 points.

H1 Avg (Jan–Jun) 0.7915

H2 Avg (Jul–Dec) 0.7651

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0504 MNT (High: 0.7999 / Low: 0.7495). On the other end, May was the most stable month, with a tight range of 0.0065 MNT (High: 0.8040 / Low: 0.7974).

January Spread (Volatile) ±0.0504

May Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0136 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0136

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.7913) against the same month in 2022 (average: 0.7171), the exchange rate shifted by +0.0742 (+10.35%).

2023 Avg (March) 0.7913

2022 Avg (March) 0.7171

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7999	0.7495	0.7751
February	0.7978	0.7886	0.7927
March	0.8129	0.7811	0.7913
April	0.8129	0.7968	0.8039
May	0.8040	0.7974	0.7995
June	0.8006	0.7746	0.7864
July	0.7958	0.7676	0.7800
August	0.7756	0.7611	0.7664
September	0.7709	0.7570	0.7650
October	0.7649	0.7582	0.7619
November	0.7693	0.7596	0.7642
December	0.7667	0.7473	0.7529