2023 MNT to AOA Historical Review

YEARLY HIGH

0.2413 AOA

YEARLY LOW

0.1438 AOA

YEARLY AVERAGE

0.1979 AOA

2023 MNT to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.2413. Conversely, the yearly low was recorded on April 6, dropping to 0.1438.

This high-to-low spread represents a total annual volatility of 0.0975 AOA. From a start-to-finish perspective, comparing the January average rate of 0.1479 to the December average rate of 0.2409, the exchange rate registered a net change of 62.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2413 was up 24.50% compared to the 2022 peak of 0.1938, 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 1,207 AOA

2022 Average 741 AOA

Yearly Trough Low 719 AOA

Transaction Impact: A difference of 487.74 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2505

0.1346

JanuMarcMayJulySeptNove

MNT to AOA 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 0.1566, compared to 0.2393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0828 points.

H1 Avg (Jan–Jun) 0.1566

H2 Avg (Jul–Dec) 0.2393

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0671 AOA (High: 0.2346 / Low: 0.1675). On the other end, January was the most stable month, with a tight range of 0.0004 AOA (High: 0.1481 / Low: 0.1477).

June Spread (Volatile) ±0.0671

January Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0041 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.2406) against the same month in 2022 (average: 0.1472), the exchange rate shifted by +0.0934 (+63.45%).

2023 Avg (November) 0.2406

2022 Avg (November) 0.1472

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1481	0.1477	0.1479
February	0.1490	0.1478	0.1482
March	0.1490	0.1442	0.1483
April	0.1448	0.1438	0.1442
May	0.1658	0.1444	0.1507
June	0.2346	0.1675	0.2001
July	0.2394	0.2341	0.2352
August	0.2400	0.2391	0.2394
September	0.2409	0.2391	0.2400
October	0.2405	0.2393	0.2399
November	0.2413	0.2399	0.2406
December	0.2413	0.2402	0.2409