2023 MNT to LKR Historical Review

YEARLY HIGH

0.1081 LKR

YEARLY LOW

0.0825 LKR

YEARLY AVERAGE

0.0950 LKR

2023 MNT to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.1081. Conversely, the yearly low was recorded on June 2, dropping to 0.0825.

This high-to-low spread represents a total annual volatility of 0.0256 LKR. From a start-to-finish perspective, comparing the January average rate of 0.1073 to the December average rate of 0.0947, the exchange rate registered a net change of -11.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1081 was down 8.61% compared to the 2022 peak of 0.1183, 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 541 LKR

2022 Average 516 LKR

Yearly Trough Low 412 LKR

Transaction Impact: A difference of 128.21 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1095

0.0839

JanuMarcMayJulySeptNove

MNT to LKR 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 0.0964, compared to 0.0936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0964

H2 Avg (Jul–Dec) 0.0936

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0134 LKR (High: 0.1072 / Low: 0.0938). On the other end, November was the most stable month, with a tight range of 0.0009 LKR (High: 0.0955 / Low: 0.0946).

March Spread (Volatile) ±0.0134

November Spread (Stable) ±0.0009

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 February and March, when the average rate fell by 0.0091 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1072) against the same month in 2022 (average: 0.0707), the exchange rate shifted by +0.0365 (+51.59%).

2023 Avg (February) 0.1072

2022 Avg (February) 0.0707

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1080	0.1068	0.1073
February	0.1081	0.1062	0.1072
March	0.1072	0.0938	0.0981
April	0.0938	0.0899	0.0915
May	0.0909	0.0835	0.0881
June	0.0909	0.0825	0.0860
July	0.0955	0.0870	0.0910
August	0.0941	0.0914	0.0933
September	0.0945	0.0928	0.0937
October	0.0951	0.0935	0.0942
November	0.0955	0.0946	0.0950
December	0.0953	0.0938	0.0947