2023 MNT to KPW Historical Review

YEARLY HIGH

0.2642 KPW

YEARLY LOW

0.2558 KPW

YEARLY AVERAGE

0.2600 KPW

2023 MNT to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2642. Conversely, the yearly low was recorded on July 27, dropping to 0.2558.

This high-to-low spread represents a total annual volatility of 0.0084 KPW. From a start-to-finish perspective, comparing the January average rate of 0.2642 to the December average rate of 0.2609, the exchange rate registered a net change of -1.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2642 was down 16.09% compared to the 2022 peak of 0.3148, 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 1,321 KPW

2022 Average 1,446 KPW

Yearly Trough Low 1,279 KPW

Transaction Impact: A difference of 42.05 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2650

0.2549

JanuMarcMayJulySeptNove

MNT to KPW 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 0.2599, compared to 0.2601 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.2599

H2 Avg (Jul–Dec) 0.2601

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0084 KPW (High: 0.2642 / Low: 0.2558). On the other end, December was the most stable month, with a tight range of 0.0000 KPW (High: 0.2609 / Low: 0.2609).

March Spread (Volatile) ±0.0084

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and September, 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 0.0081 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2642) against the same month in 2022 (average: 0.3146), the exchange rate shifted by -0.0505 (-16.04%).

2023 Avg (January) 0.2642

2022 Avg (January) 0.3146

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2642	0.2642	0.2642
February	0.2642	0.2642	0.2642
March	0.2642	0.2558	0.2639
April	0.2558	0.2558	0.2558
May	0.2558	0.2558	0.2558
June	0.2558	0.2558	0.2558
July	0.2609	0.2558	0.2564
August	0.2609	0.2609	0.2609
September	0.2609	0.2609	0.2609
October	0.2609	0.2609	0.2609
November	0.2609	0.2609	0.2609
December	0.2609	0.2609	0.2609