YEARLY HIGH
0.0327 ALL
YEARLY LOW
0.0255 ALL
YEARLY AVERAGE
0.0291 ALL

2023 MNT to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0327. Conversely, the yearly low was recorded on July 20, dropping to 0.0255.

This high-to-low spread represents a total annual volatility of 0.0072 ALL. From a start-to-finish perspective, comparing the January average rate of 0.0317 to the December average rate of 0.0273, the exchange rate registered a net change of -13.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0327 was down 18.93% compared to the 2022 peak of 0.0404, 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 164 ALL
2022 Average 181 ALL
Yearly Trough Low 127 ALL
Transaction Impact: A difference of 36.16 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0322
0.0261
JanuMarcMayJulySeptNove

MNT to ALL 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 0.0302, compared to 0.0280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0302
H2 Avg (Jul–Dec) 0.0280

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0027 ALL (High: 0.0297 / Low: 0.0269). On the other end, September was the most stable month, with a tight range of 0.0006 ALL (High: 0.0294 / Low: 0.0288).

August Spread (Volatile) ±0.0027
September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between July and October, 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 0.0022 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0317) against the same month in 2022 (average: 0.0375), the exchange rate shifted by -0.0058 (-15.47%).

2023 Avg (January) 0.0317
2022 Avg (January) 0.0375

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0327 0.0313 0.0317
February 0.0319 0.0312 0.0317
March 0.0319 0.0296 0.0313
April 0.0296 0.0284 0.0291
May 0.0298 0.0286 0.0291
June 0.0290 0.0277 0.0281
July 0.0278 0.0255 0.0266
August 0.0297 0.0269 0.0281
September 0.0294 0.0288 0.0290
October 0.0294 0.0287 0.0290
November 0.0290 0.0270 0.0278
December 0.0276 0.0269 0.0273