2023 MNT to ARS Historical Review

YEARLY HIGH

0.2350 ARS

YEARLY LOW

0.0519 ARS

YEARLY AVERAGE

0.0853 ARS

2023 MNT to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.2350. Conversely, the yearly low was recorded on January 1, dropping to 0.0519.

This high-to-low spread represents a total annual volatility of 0.1831 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0534 to the December average rate of 0.1832, the exchange rate registered a net change of 242.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2350 was up 352.03% compared to the 2022 peak of 0.0520, 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 1,175 ARS

2022 Average 208 ARS

Yearly Trough Low 259 ARS

Transaction Impact: A difference of 915.74 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1961

0.0405

JanuMarcMayJulySeptNove

MNT to ARS 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 0.0611, compared to 0.1095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0485 points.

H1 Avg (Jan–Jun) 0.0611

H2 Avg (Jul–Dec) 0.1095

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.1305 ARS (High: 0.2350 / Low: 0.1045). On the other end, September was the most stable month, with a tight range of 0.0002 ARS (High: 0.1015 / Low: 0.1013).

December Spread (Volatile) ±0.1305

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1832) against the same month in 2022 (average: 0.0506), the exchange rate shifted by +0.1326 (+262.20%).

2023 Avg (December) 0.1832

2022 Avg (December) 0.0506

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0549	0.0519	0.0534
February	0.0579	0.0550	0.0563
March	0.0612	0.0580	0.0594
April	0.0631	0.0592	0.0612
May	0.0680	0.0632	0.0656
June	0.0729	0.0682	0.0705
July	0.0798	0.0725	0.0757
August	0.1015	0.0801	0.0932
September	0.1015	0.1013	0.1014
October	0.1019	0.1013	0.1015
November	0.1045	0.1007	0.1024
December	0.2350	0.1045	0.1832