2023 MNT to MMK Historical Review

YEARLY HIGH

0.6221 MMK

YEARLY LOW

0.5889 MMK

YEARLY AVERAGE

0.6064 MMK

2023 MNT to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.6221. Conversely, the yearly low was recorded on April 30, dropping to 0.5889.

This high-to-low spread represents a total annual volatility of 0.0332 MMK. From a start-to-finish perspective, comparing the January average rate of 0.6164 to the December average rate of 0.6093, the exchange rate registered a net change of -1.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6221 was down 6.11% compared to the 2022 peak of 0.6626, 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 3,111 MMK

2022 Average 3,086 MMK

Yearly Trough Low 2,944 MMK

Transaction Impact: A difference of 166.11 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6185

0.5941

JanuMarcMayJulySeptNove

MNT to MMK 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 0.6062, compared to 0.6067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.6062

H2 Avg (Jul–Dec) 0.6067

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0207 MMK (High: 0.6171 / Low: 0.5963). On the other end, January was the most stable month, with a tight range of 0.0026 MMK (High: 0.6170 / Low: 0.6143).

March Spread (Volatile) ±0.0207

January Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0187 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0187

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.6165) against the same month in 2022 (average: 0.6207), the exchange rate shifted by -0.0042 (-0.68%).

2023 Avg (February) 0.6165

2022 Avg (February) 0.6207

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6170	0.6143	0.6164
February	0.6221	0.6129	0.6165
March	0.6171	0.5963	0.6148
April	0.5976	0.5889	0.5962
May	0.5979	0.5949	0.5965
June	0.5990	0.5931	0.5967
July	0.6091	0.5911	0.5976
August	0.6110	0.6048	0.6087
September	0.6100	0.6065	0.6086
October	0.6100	0.6060	0.6083
November	0.6092	0.6037	0.6080
December	0.6120	0.6082	0.6093