YEARLY HIGH
0.1240 AMD
YEARLY LOW
0.1090 AMD
YEARLY AVERAGE
0.1134 AMD

2023 MNT to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.1240. Conversely, the yearly low was recorded on April 29, dropping to 0.1090.

This high-to-low spread represents a total annual volatility of 0.0150 AMD. From a start-to-finish perspective, comparing the January average rate of 0.1161 to the December average rate of 0.1172, the exchange rate registered a net change of 0.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1240 was down 31.32% compared to the 2022 peak of 0.1806, 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 620 AMD
2022 Average 704 AMD
Yearly Trough Low 545 AMD
Transaction Impact: A difference of 74.99 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1180
0.1090
JanuMarcMayJulySeptNove

MNT to AMD 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 0.1126, compared to 0.1142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.1126
H2 Avg (Jul–Dec) 0.1142

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0092 AMD (High: 0.1240 / Low: 0.1149). On the other end, June was the most stable month, with a tight range of 0.0009 AMD (High: 0.1101 / Low: 0.1092).

October Spread (Volatile) ±0.0092
June Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between June and August, 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 March and April, when the average rate fell by 0.0035 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1171) against the same month in 2022 (average: 0.1212), the exchange rate shifted by -0.0041 (-3.39%).

2023 Avg (October) 0.1171
2022 Avg (October) 0.1212

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1165 0.1151 0.1161
February 0.1174 0.1142 0.1157
March 0.1145 0.1104 0.1138
April 0.1111 0.1090 0.1103
May 0.1104 0.1094 0.1099
June 0.1101 0.1092 0.1098
July 0.1123 0.1091 0.1104
August 0.1128 0.1114 0.1120
September 0.1151 0.1110 0.1120
October 0.1240 0.1149 0.1171
November 0.1168 0.1157 0.1165
December 0.1179 0.1166 0.1172