2023 MNT to CLP Historical Review

YEARLY HIGH

0.2745 CLP

YEARLY LOW

0.2233 CLP

YEARLY AVERAGE

0.2427 CLP

2023 MNT to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 0.2745. Conversely, the yearly low was recorded on May 14, dropping to 0.2233.

This high-to-low spread represents a total annual volatility of 0.0512 CLP. From a start-to-finish perspective, comparing the January average rate of 0.2416 to the December average rate of 0.2539, the exchange rate registered a net change of 5.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2745 was down 17.87% compared to the 2022 peak of 0.3342, 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 1,372 CLP

2022 Average 1,401 CLP

Yearly Trough Low 1,116 CLP

Transaction Impact: A difference of 255.93 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2731

0.2225

JanuMarcMayJulySeptNove

MNT to CLP 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 0.2326, compared to 0.2529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0202 points.

H1 Avg (Jan–Jun) 0.2326

H2 Avg (Jul–Dec) 0.2529

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0201 CLP (High: 0.2530 / Low: 0.2329). On the other end, June was the most stable month, with a tight range of 0.0054 CLP (High: 0.2292 / Low: 0.2238).

January Spread (Volatile) ±0.0201

June Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between May and October, 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 October and November, when the average rate fell by 0.0120 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2689) against the same month in 2022 (average: 0.2864), the exchange rate shifted by -0.0176 (-6.13%).

2023 Avg (October) 0.2689

2022 Avg (October) 0.2864

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2530	0.2329	0.2416
February	0.2446	0.2293	0.2351
March	0.2438	0.2248	0.2368
April	0.2329	0.2248	0.2288
May	0.2310	0.2233	0.2267
June	0.2292	0.2238	0.2268
July	0.2436	0.2273	0.2323
August	0.2525	0.2440	0.2483
September	0.2635	0.2473	0.2568
October	0.2745	0.2583	0.2689
November	0.2684	0.2520	0.2568
December	0.2588	0.2499	0.2539