2023 MNT to CRC Historical Review

YEARLY HIGH

0.1737 CRC

YEARLY LOW

0.1506 CRC

YEARLY AVERAGE

0.1565 CRC

2023 MNT to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1737. Conversely, the yearly low was recorded on December 29, dropping to 0.1506.

This high-to-low spread represents a total annual volatility of 0.0231 CRC. From a start-to-finish perspective, comparing the January average rate of 0.1687 to the December average rate of 0.1522, the exchange rate registered a net change of -9.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1737 was down 24.15% compared to the 2022 peak of 0.2290, 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 868 CRC

2022 Average 1,038 CRC

Yearly Trough Low 753 CRC

Transaction Impact: A difference of 115.40 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1703

0.1506

JanuMarcMayJulySeptNove

MNT to CRC 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 0.1588, compared to 0.1542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.1588

H2 Avg (Jul–Dec) 0.1542

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0116 CRC (High: 0.1737 / Low: 0.1621). On the other end, June was the most stable month, with a tight range of 0.0017 CRC (High: 0.1543 / Low: 0.1525).

January Spread (Volatile) ±0.0116

June Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0078 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1687) against the same month in 2022 (average: 0.2233), the exchange rate shifted by -0.0546 (-24.47%).

2023 Avg (January) 0.1687

2022 Avg (January) 0.2233

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1737	0.1621	0.1687
February	0.1708	0.1619	0.1659
March	0.1641	0.1533	0.1600
April	0.1543	0.1508	0.1522
May	0.1544	0.1514	0.1527
June	0.1543	0.1525	0.1534
July	0.1567	0.1521	0.1539
August	0.1581	0.1543	0.1560
September	0.1563	0.1534	0.1552
October	0.1554	0.1536	0.1542
November	0.1548	0.1526	0.1538
December	0.1535	0.1506	0.1522