YEARLY HIGH
0.0168 DOP
YEARLY LOW
0.0154 DOP
YEARLY AVERAGE
0.0162 DOP

2023 MNT to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0168. Conversely, the yearly low was recorded on April 30, dropping to 0.0154.

This high-to-low spread represents a total annual volatility of 0.0015 DOP. From a start-to-finish perspective, comparing the January average rate of 0.0166 to the December average rate of 0.0166, the exchange rate registered a net change of 0.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0168 was down 16.72% compared to the 2022 peak of 0.0202, 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 84 DOP
2022 Average 88 DOP
Yearly Trough Low 77 DOP
Transaction Impact: A difference of 7.40 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0167
0.0154
JanuMarcMayJulySeptNove

MNT to DOP 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 0.0160, compared to 0.0164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0160
H2 Avg (Jul–Dec) 0.0164

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0007 DOP (High: 0.0163 / Low: 0.0156). On the other end, October was the most stable month, with a tight range of 0.0001 DOP (High: 0.0165 / Low: 0.0164).

March Spread (Volatile) ±0.0007
October Spread (Stable) ±0.0001

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 March and April, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0166) against the same month in 2022 (average: 0.0162), the exchange rate shifted by +0.0004 (+2.29%).

2023 Avg (December) 0.0166
2022 Avg (December) 0.0162

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0167 0.0165 0.0166
February 0.0168 0.0163 0.0165
March 0.0163 0.0156 0.0161
April 0.0156 0.0154 0.0155
May 0.0156 0.0155 0.0155
June 0.0157 0.0155 0.0156
July 0.0163 0.0156 0.0159
August 0.0165 0.0162 0.0164
September 0.0165 0.0164 0.0165
October 0.0165 0.0164 0.0165
November 0.0166 0.0163 0.0165
December 0.0168 0.0165 0.0166