2023 MNT to HUF Historical Review

YEARLY HIGH

0.1114 HUF

YEARLY LOW

0.0946 HUF

YEARLY AVERAGE

0.1020 HUF

2023 MNT to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1114. Conversely, the yearly low was recorded on July 17, dropping to 0.0946.

This high-to-low spread represents a total annual volatility of 0.0168 HUF. From a start-to-finish perspective, comparing the January average rate of 0.1074 to the December average rate of 0.1013, the exchange rate registered a net change of -5.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1114 was down 17.65% compared to the 2022 peak of 0.1353, 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 557 HUF

2022 Average 596 HUF

Yearly Trough Low 473 HUF

Transaction Impact: A difference of 84.23 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1085

0.0961

JanuMarcMayJulySeptNove

MNT to HUF 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 0.1017, compared to 0.1023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.1017

H2 Avg (Jul–Dec) 0.1023

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0104 HUF (High: 0.1099 / Low: 0.0995). On the other end, June was the most stable month, with a tight range of 0.0027 HUF (High: 0.0983 / Low: 0.0956).

March Spread (Volatile) ±0.0104

June Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between June and October, 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 0.0081 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1074) against the same month in 2022 (average: 0.1109), the exchange rate shifted by -0.0034 (-3.10%).

2023 Avg (January) 0.1074

2022 Avg (January) 0.1109

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1114	0.1040	0.1074
February	0.1080	0.1033	0.1055
March	0.1099	0.0995	0.1055
April	0.1002	0.0961	0.0973
May	0.0991	0.0957	0.0974
June	0.0983	0.0956	0.0971
July	0.1021	0.0946	0.0977
August	0.1041	0.1007	0.1023
September	0.1083	0.1027	0.1050
October	0.1079	0.1037	0.1058
November	0.1050	0.0994	0.1016
December	0.1032	0.0998	0.1013