2023 MNT to LRD Historical Review

YEARLY HIGH

0.0546 LRD

YEARLY LOW

0.0451 LRD

YEARLY AVERAGE

0.0504 LRD

2023 MNT to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0546. Conversely, the yearly low was recorded on March 26, dropping to 0.0451.

This high-to-low spread represents a total annual volatility of 0.0095 LRD. From a start-to-finish perspective, comparing the January average rate of 0.0456 to the December average rate of 0.0546, the exchange rate registered a net change of 19.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0546 was up 1.52% compared to the 2022 peak of 0.0538, 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 273 LRD

2022 Average 245 LRD

Yearly Trough Low 226 LRD

Transaction Impact: A difference of 47.47 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0555

0.0447

JanuMarcMayJulySeptNove

MNT to LRD 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 0.0470, compared to 0.0539 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.0470

H2 Avg (Jul–Dec) 0.0539

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0031 LRD (High: 0.0512 / Low: 0.0481). On the other end, November was the most stable month, with a tight range of 0.0002 LRD (High: 0.0545 / Low: 0.0543).

June Spread (Volatile) ±0.0031

November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0004 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0546) against the same month in 2022 (average: 0.0453), the exchange rate shifted by +0.0093 (+20.54%).

2023 Avg (December) 0.0546

2022 Avg (December) 0.0453

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0460	0.0451	0.0456
February	0.0467	0.0451	0.0459
March	0.0476	0.0451	0.0468
April	0.0470	0.0461	0.0464
May	0.0481	0.0470	0.0475
June	0.0512	0.0481	0.0496
July	0.0540	0.0512	0.0523
August	0.0541	0.0539	0.0540
September	0.0541	0.0539	0.0540
October	0.0543	0.0541	0.0542
November	0.0545	0.0543	0.0544
December	0.0546	0.0544	0.0546