2023 MNT to KGS Historical Review

YEARLY HIGH

0.0259 KGS

YEARLY LOW

0.0247 KGS

YEARLY AVERAGE

0.0254 KGS

2023 MNT to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 0.0259. Conversely, the yearly low was recorded on January 8, dropping to 0.0247.

This high-to-low spread represents a total annual volatility of 0.0012 KGS. From a start-to-finish perspective, comparing the January average rate of 0.0251 to the December average rate of 0.0258, the exchange rate registered a net change of 2.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0259 was down 27.08% compared to the 2022 peak of 0.0355, 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 129 KGS

2022 Average 136 KGS

Yearly Trough Low 123 KGS

Transaction Impact: A difference of 6.06 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0259

0.0248

JanuMarcMayJulySeptNove

MNT to KGS 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 0.0251, compared to 0.0256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0251

H2 Avg (Jul–Dec) 0.0256

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0008 KGS (High: 0.0257 / Low: 0.0248). On the other end, April was the most stable month, with a tight range of 0.0000 KGS (High: 0.0249 / Low: 0.0248).

March Spread (Volatile) ±0.0008

April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0008 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0258) against the same month in 2022 (average: 0.0246), the exchange rate shifted by +0.0012 (+5.07%).

2023 Avg (October) 0.0258

2022 Avg (October) 0.0246

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0253	0.0247	0.0251
February	0.0257	0.0253	0.0255
March	0.0257	0.0248	0.0256
April	0.0249	0.0248	0.0249
May	0.0249	0.0248	0.0249
June	0.0249	0.0248	0.0249
July	0.0254	0.0248	0.0250
August	0.0256	0.0254	0.0255
September	0.0257	0.0256	0.0257
October	0.0259	0.0257	0.0258
November	0.0259	0.0257	0.0258
December	0.0259	0.0258	0.0258