YEARLY HIGH
0.0011 AED
YEARLY LOW
0.0010 AED
YEARLY AVERAGE
0.0011 AED

2023 MNT to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0011. Conversely, the yearly low was recorded on May 18, dropping to 0.0010.

This high-to-low spread represents a total annual volatility of 0.0000 AED. From a start-to-finish perspective, comparing the January average rate of 0.0011 to the December average rate of 0.0011, the exchange rate registered a net change of -1.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0011 was down 16.09% compared to the 2022 peak of 0.0013, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5 AED
2022 Average 6 AED
Yearly Trough Low 5 AED
Transaction Impact: A difference of 0.17 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0011
0.0010
JanuMarcMayJulySeptNove

MNT to AED 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 0.0011, compared to 0.0011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0011
H2 Avg (Jul–Dec) 0.0011

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0000 AED (High: 0.0011 / Low: 0.0010). On the other end, August was the most stable month, with a tight range of 0.0000 AED (High: 0.0011 / Low: 0.0011).

March Spread (Volatile) ±0.0000
August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0011) against the same month in 2022 (average: 0.0013), the exchange rate shifted by -0.0002 (-15.93%).

2023 Avg (February) 0.0011
2022 Avg (February) 0.0013

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0011 0.0011 0.0011
February 0.0011 0.0011 0.0011
March 0.0011 0.0010 0.0011
April 0.0010 0.0010 0.0010
May 0.0010 0.0010 0.0010
June 0.0010 0.0010 0.0010
July 0.0011 0.0010 0.0010
August 0.0011 0.0011 0.0011
September 0.0011 0.0011 0.0011
October 0.0011 0.0011 0.0011
November 0.0011 0.0011 0.0011
December 0.0011 0.0011 0.0011