YEARLY HIGH
0.0617 CVE
YEARLY LOW
0.0468 CVE
YEARLY AVERAGE
0.0553 CVE

2013 MNT to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MNT to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 0.0617. Conversely, the yearly low was recorded on December 3, dropping to 0.0468.

This high-to-low spread represents a total annual volatility of 0.0149 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0599 to the December average rate of 0.0482, the exchange rate registered a net change of -19.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0617 was down 11.14% compared to the 2012 peak of 0.0694, 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 309 CVE
2012 Average 317 CVE
Yearly Trough Low 234 CVE
Transaction Impact: A difference of 74.62 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0624
0.0464
JanuMarcMayJulySeptNove

MNT to CVE 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 0.0598, compared to 0.0508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0091 points.

H1 Avg (Jan–Jun) 0.0598
H2 Avg (Jul–Dec) 0.0508

Volatility Range Comparison

Volatility

The most volatile month in 2013 was August, with a trading range of 0.0044 CVE (High: 0.0555 / Low: 0.0511). On the other end, January was the most stable month, with a tight range of 0.0013 CVE (High: 0.0607 / Low: 0.0594).

August Spread (Volatile) ±0.0044
January Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0047 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 0.0610) against the same month in 2012 (average: 0.0634), the exchange rate shifted by -0.0023 (-3.67%).

2013 Avg (March) 0.0610
2012 Avg (March) 0.0634

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0607 0.0594 0.0599
February 0.0609 0.0582 0.0595
March 0.0617 0.0597 0.0610
April 0.0616 0.0595 0.0604
May 0.0603 0.0587 0.0595
June 0.0592 0.0578 0.0586
July 0.0595 0.0553 0.0578
August 0.0555 0.0511 0.0531
September 0.0512 0.0484 0.0496
October 0.0493 0.0470 0.0481
November 0.0485 0.0469 0.0478
December 0.0500 0.0468 0.0482