2023 MNT to HRK Historical Review

YEARLY HIGH

0.0021 HRK

YEARLY LOW

0.0019 HRK

YEARLY AVERAGE

0.0020 HRK

2023 MNT to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0021. Conversely, the yearly low was recorded on July 17, dropping to 0.0019.

This high-to-low spread represents a total annual volatility of 0.0002 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0020 to the December average rate of 0.0020, the exchange rate registered a net change of -2.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0021 was down 13.27% compared to the 2022 peak of 0.0024, 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 11 HRK

2022 Average 11 HRK

Yearly Trough Low 10 HRK

Transaction Impact: A difference of 0.98 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0021

0.0019

JanuMarcMayJulySeptNove

MNT to HRK 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 0.0020, compared to 0.0020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0020

H2 Avg (Jul–Dec) 0.0020

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0001 HRK (High: 0.0021 / Low: 0.0020). On the other end, October was the most stable month, with a tight range of 0.0000 HRK (High: 0.0021 / Low: 0.0020).

March Spread (Volatile) ±0.0001

October 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 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0020) against the same month in 2022 (average: 0.0023), the exchange rate shifted by -0.0003 (-11.78%).

2023 Avg (January) 0.0020

2022 Avg (January) 0.0023

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0021	0.0020	0.0020
February	0.0021	0.0020	0.0021
March	0.0021	0.0020	0.0021
April	0.0020	0.0019	0.0020
May	0.0020	0.0019	0.0020
June	0.0020	0.0019	0.0020
July	0.0020	0.0019	0.0019
August	0.0020	0.0020	0.0020
September	0.0021	0.0020	0.0020
October	0.0021	0.0020	0.0021
November	0.0021	0.0020	0.0020
December	0.0020	0.0020	0.0020