YEARLY HIGH
0.1374 KMF
YEARLY LOW
0.1243 KMF
YEARLY AVERAGE
0.1316 KMF

2023 MNT to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1374. Conversely, the yearly low was recorded on July 17, dropping to 0.1243.

This high-to-low spread represents a total annual volatility of 0.0130 KMF. From a start-to-finish perspective, comparing the January average rate of 0.1342 to the December average rate of 0.1308, the exchange rate registered a net change of -2.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1374 was down 13.29% compared to the 2022 peak of 0.1584, 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 687 KMF
2022 Average 749 KMF
Yearly Trough Low 622 KMF
Transaction Impact: A difference of 65.23 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1360
0.1261
JanuMarcMayJulySeptNove

MNT to KMF 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 0.1316, compared to 0.1316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.1316
H2 Avg (Jul–Dec) 0.1316

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0087 KMF (High: 0.1372 / Low: 0.1286). On the other end, October was the most stable month, with a tight range of 0.0021 KMF (High: 0.1365 / Low: 0.1344).

March Spread (Volatile) ±0.0087
October Spread (Stable) ±0.0021

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 0.0075 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1342) against the same month in 2022 (average: 0.1520), the exchange rate shifted by -0.0178 (-11.73%).

2023 Avg (January) 0.1342
2022 Avg (January) 0.1520

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1374 0.1324 0.1342
February 0.1370 0.1324 0.1351
March 0.1372 0.1286 0.1351
April 0.1291 0.1266 0.1276
May 0.1311 0.1266 0.1288
June 0.1311 0.1277 0.1293
July 0.1298 0.1243 0.1269
August 0.1320 0.1298 0.1309
September 0.1360 0.1319 0.1336
October 0.1365 0.1344 0.1351
November 0.1354 0.1298 0.1323
December 0.1327 0.1286 0.1308