2023 MNT to GMD Historical Review

YEARLY HIGH

0.0195 GMD

YEARLY LOW

0.0169 GMD

YEARLY AVERAGE

0.0180 GMD

2023 MNT to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 0.0195. Conversely, the yearly low was recorded on June 13, dropping to 0.0169.

This high-to-low spread represents a total annual volatility of 0.0027 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0182 to the December average rate of 0.0195, the exchange rate registered a net change of 7.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0195 was up 3.69% compared to the 2022 peak of 0.0188, 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 98 GMD

2022 Average 89 GMD

Yearly Trough Low 84 GMD

Transaction Impact: A difference of 13.46 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0198

0.0166

JanuMarcMayJulySeptNove

MNT to GMD 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 0.0176, compared to 0.0184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0176

H2 Avg (Jul–Dec) 0.0184

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0013 GMD (High: 0.0189 / Low: 0.0175). On the other end, June was the most stable month, with a tight range of 0.0001 GMD (High: 0.0169 / Low: 0.0169).

September Spread (Volatile) ±0.0013

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0006 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0195) against the same month in 2022 (average: 0.0182), the exchange rate shifted by +0.0013 (+7.16%).

2023 Avg (December) 0.0195

2022 Avg (December) 0.0182

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0183	0.0179	0.0182
February	0.0181	0.0179	0.0179
March	0.0182	0.0177	0.0180
April	0.0177	0.0170	0.0176
May	0.0171	0.0169	0.0170
June	0.0169	0.0169	0.0169
July	0.0174	0.0169	0.0170
August	0.0176	0.0175	0.0176
September	0.0189	0.0175	0.0179
October	0.0191	0.0187	0.0190
November	0.0195	0.0189	0.0194
December	0.0195	0.0194	0.0195