2023 MNT to DJF Historical Review

YEARLY HIGH

0.0527 DJF

YEARLY LOW

0.0499 DJF

YEARLY AVERAGE

0.0514 DJF

2023 MNT to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0527. Conversely, the yearly low was recorded on April 29, dropping to 0.0499.

This high-to-low spread represents a total annual volatility of 0.0028 DJF. From a start-to-finish perspective, comparing the January average rate of 0.0522 to the December average rate of 0.0516, the exchange rate registered a net change of -1.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0527 was down 15.51% compared to the 2022 peak of 0.0624, 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 264 DJF

2022 Average 286 DJF

Yearly Trough Low 250 DJF

Transaction Impact: A difference of 14.05 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0524

0.0503

JanuMarcMayJulySeptNove

MNT to DJF 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 0.0513, compared to 0.0514 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0513

H2 Avg (Jul–Dec) 0.0514

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0018 DJF (High: 0.0523 / Low: 0.0505). On the other end, January was the most stable month, with a tight range of 0.0002 DJF (High: 0.0523 / Low: 0.0520).

March Spread (Volatile) ±0.0018

January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and September, 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 March and April, when the average rate fell by 0.0016 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0522) against the same month in 2022 (average: 0.0621), the exchange rate shifted by -0.0099 (-15.89%).

2023 Avg (February) 0.0522

2022 Avg (February) 0.0621

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0523	0.0520	0.0522
February	0.0527	0.0518	0.0522
March	0.0523	0.0505	0.0521
April	0.0506	0.0499	0.0505
May	0.0507	0.0504	0.0505
June	0.0508	0.0503	0.0506
July	0.0516	0.0502	0.0506
August	0.0519	0.0512	0.0516
September	0.0519	0.0514	0.0516
October	0.0517	0.0514	0.0516
November	0.0517	0.0512	0.0515
December	0.0519	0.0514	0.0516