YEARLY HIGH
0.0056 MDL
YEARLY LOW
0.0049 MDL
YEARLY AVERAGE
0.0052 MDL

2023 MNT to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0056. Conversely, the yearly low was recorded on July 23, dropping to 0.0049.

This high-to-low spread represents a total annual volatility of 0.0007 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0056 to the December average rate of 0.0051, the exchange rate registered a net change of -8.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0056 was down 12.20% compared to the 2022 peak of 0.0064, 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 28 MDL
2022 Average 30 MDL
Yearly Trough Low 25 MDL
Transaction Impact: A difference of 3.64 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0056
0.0050
JanuMarcMayJulySeptNove

MNT to MDL 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 0.0053, compared to 0.0052 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) 0.0053
H2 Avg (Jul–Dec) 0.0052

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0003 MDL (High: 0.0055 / Low: 0.0052). On the other end, October was the most stable month, with a tight range of 0.0001 MDL (High: 0.0053 / Low: 0.0052).

March Spread (Volatile) ±0.0003
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and October, 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 0.0003 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0056) against the same month in 2022 (average: 0.0063), the exchange rate shifted by -0.0007 (-11.02%).

2023 Avg (January) 0.0056
2022 Avg (January) 0.0063

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0056 0.0055 0.0056
February 0.0056 0.0055 0.0055
March 0.0055 0.0052 0.0055
April 0.0052 0.0051 0.0051
May 0.0051 0.0050 0.0050
June 0.0052 0.0050 0.0051
July 0.0052 0.0049 0.0051
August 0.0052 0.0051 0.0051
September 0.0053 0.0052 0.0052
October 0.0053 0.0052 0.0053
November 0.0053 0.0051 0.0052
December 0.0052 0.0050 0.0051