2023 MNT to COP Historical Review

YEARLY HIGH

1.4596 COP

YEARLY LOW

1.1129 COP

YEARLY AVERAGE

1.2499 COP

2023 MNT to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 1.4596. Conversely, the yearly low was recorded on December 27, dropping to 1.1129.

This high-to-low spread represents a total annual volatility of 0.3467 COP. From a start-to-finish perspective, comparing the January average rate of 1.3835 to the December average rate of 1.1470, the exchange rate registered a net change of -17.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.4596 was down 2.66% compared to the 2022 peak of 1.4994, 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 7,298 COP

2022 Average 6,806 COP

Yearly Trough Low 5,564 COP

Transaction Impact: A difference of 1,733.57 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.4337

1.1209

JanuMarcMayJulySeptNove

MNT to COP 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 1.3265, compared to 1.1732 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1533 points.

H1 Avg (Jan–Jun) 1.3265

H2 Avg (Jul–Dec) 1.1732

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1431 COP (High: 1.4595 / Low: 1.3163). On the other end, November was the most stable month, with a tight range of 0.0425 COP (High: 1.1899 / Low: 1.1474).

January Spread (Volatile) ±0.1431

November Spread (Stable) ±0.0425

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1066 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.4076) against the same month in 2022 (average: 1.3752), the exchange rate shifted by +0.0324 (+2.36%).

2023 Avg (February) 1.4076

2022 Avg (February) 1.3752

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4595	1.3163	1.3835
February	1.4596	1.3559	1.4076
March	1.4296	1.3199	1.3951
April	1.3284	1.2481	1.2885
May	1.3313	1.2475	1.2903
June	1.2583	1.1579	1.1940
July	1.1935	1.1225	1.1581
August	1.2027	1.1349	1.1804
September	1.1904	1.1311	1.1622
October	1.2592	1.1825	1.2234
November	1.1899	1.1474	1.1682
December	1.1682	1.1129	1.1470