2023 MNT to BDT Historical Review

YEARLY HIGH

0.0321 BDT

YEARLY LOW

0.0298 BDT

YEARLY AVERAGE

0.0312 BDT

2023 MNT to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.0321. Conversely, the yearly low was recorded on April 30, dropping to 0.0298.

This high-to-low spread represents a total annual volatility of 0.0024 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0308 to the December average rate of 0.0319, the exchange rate registered a net change of 3.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0321 was down 0.84% compared to the 2022 peak of 0.0324, 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 161 BDT

2022 Average 149 BDT

Yearly Trough Low 149 BDT

Transaction Impact: A difference of 11.79 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0322

0.0300

JanuMarcMayJulySeptNove

MNT to BDT 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 0.0307, compared to 0.0317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0307

H2 Avg (Jul–Dec) 0.0317

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0012 BDT (High: 0.0316 / Low: 0.0304). On the other end, October was the most stable month, with a tight range of 0.0002 BDT (High: 0.0320 / Low: 0.0318).

March Spread (Volatile) ±0.0012

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0009 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0320) against the same month in 2022 (average: 0.0300), the exchange rate shifted by +0.0019 (+6.45%).

2023 Avg (November) 0.0320

2022 Avg (November) 0.0300

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0313	0.0303	0.0308
February	0.0318	0.0307	0.0312
March	0.0316	0.0304	0.0310
April	0.0306	0.0298	0.0302
May	0.0308	0.0301	0.0304
June	0.0308	0.0305	0.0307
July	0.0315	0.0305	0.0309
August	0.0318	0.0314	0.0317
September	0.0320	0.0317	0.0318
October	0.0320	0.0318	0.0319
November	0.0321	0.0318	0.0320
December	0.0321	0.0318	0.0319