2023 MNT to FJD Historical Review

YEARLY HIGH

0.0007 FJD

YEARLY LOW

0.0006 FJD

YEARLY AVERAGE

0.0006 FJD

2023 MNT to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.0007. Conversely, the yearly low was recorded on July 16, dropping to 0.0006.

This high-to-low spread represents a total annual volatility of 0.0000 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0006 to the December average rate of 0.0006, the exchange rate registered a net change of 0.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0007 was down 11.67% compared to the 2022 peak of 0.0008, 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 3 FJD

2022 Average 4 FJD

Yearly Trough Low 3 FJD

Transaction Impact: A difference of 0.25 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0007

0.0006

JanuMarcMayJulySeptNove

MNT to FJD 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 0.0006, compared to 0.0007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0006

H2 Avg (Jul–Dec) 0.0007

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0000 FJD (High: 0.0006 / Low: 0.0006). On the other end, September was the most stable month, with a tight range of 0.0000 FJD (High: 0.0007 / Low: 0.0007).

July Spread (Volatile) ±0.0000

September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0007) against the same month in 2022 (average: 0.0007), the exchange rate shifted by -0.0000 (-0.82%).

2023 Avg (November) 0.0007

2022 Avg (November) 0.0007

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0007	0.0006	0.0006
February	0.0007	0.0006	0.0006
March	0.0007	0.0006	0.0007
April	0.0006	0.0006	0.0006
May	0.0006	0.0006	0.0006
June	0.0006	0.0006	0.0006
July	0.0006	0.0006	0.0006
August	0.0007	0.0006	0.0007
September	0.0007	0.0007	0.0007
October	0.0007	0.0007	0.0007
November	0.0007	0.0006	0.0007
December	0.0006	0.0006	0.0006