2023 MNT to GEL Historical Review

YEARLY HIGH

0.0008 GEL

YEARLY LOW

0.0007 GEL

YEARLY AVERAGE

0.0008 GEL

2023 MNT to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0008. Conversely, the yearly low was recorded on May 3, dropping to 0.0007.

This high-to-low spread represents a total annual volatility of 0.0001 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0008 to the December average rate of 0.0008, the exchange rate registered a net change of -0.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0008 was down 33.93% compared to the 2022 peak of 0.0012, 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 4 GEL

2022 Average 5 GEL

Yearly Trough Low 4 GEL

Transaction Impact: A difference of 0.44 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0008

0.0007

JanuMarcMayJulySeptNove

MNT to GEL 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 0.0007, compared to 0.0008 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) 0.0007

H2 Avg (Jul–Dec) 0.0008

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0000 GEL (High: 0.0008 / Low: 0.0007). On the other end, June was the most stable month, with a tight range of 0.0000 GEL (High: 0.0007 / Low: 0.0007).

March Spread (Volatile) ±0.0000

June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and November, 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 0.0000 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0008) against the same month in 2022 (average: 0.0011), the exchange rate shifted by -0.0003 (-27.30%).

2023 Avg (January) 0.0008

2022 Avg (January) 0.0011

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0008	0.0008	0.0008
February	0.0008	0.0008	0.0008
March	0.0008	0.0007	0.0008
April	0.0007	0.0007	0.0007
May	0.0007	0.0007	0.0007
June	0.0007	0.0007	0.0007
July	0.0008	0.0007	0.0007
August	0.0008	0.0008	0.0008
September	0.0008	0.0008	0.0008
October	0.0008	0.0008	0.0008
November	0.0008	0.0008	0.0008
December	0.0008	0.0008	0.0008