2023 MNT to MVR Historical Review

YEARLY HIGH

0.0045 MVR

YEARLY LOW

0.0043 MVR

YEARLY AVERAGE

0.0044 MVR

2023 MNT to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 0.0045. Conversely, the yearly low was recorded on June 27, dropping to 0.0043.

This high-to-low spread represents a total annual volatility of 0.0002 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0045 to the December average rate of 0.0045, the exchange rate registered a net change of -1.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0045 was down 16.28% compared to the 2022 peak of 0.0054, 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 23 MVR

2022 Average 25 MVR

Yearly Trough Low 22 MVR

Transaction Impact: A difference of 0.90 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0045

0.0043

JanuMarcMayJulySeptNove

MNT to MVR 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 0.0044, compared to 0.0044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0044

H2 Avg (Jul–Dec) 0.0044

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0001 MVR (High: 0.0045 / Low: 0.0044). On the other end, February was the most stable month, with a tight range of 0.0000 MVR (High: 0.0045 / Low: 0.0045).

March Spread (Volatile) ±0.0001

February 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 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0045) against the same month in 2022 (average: 0.0054), the exchange rate shifted by -0.0008 (-15.84%).

2023 Avg (March) 0.0045

2022 Avg (March) 0.0054

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0045	0.0045	0.0045
February	0.0045	0.0045	0.0045
March	0.0045	0.0044	0.0045
April	0.0044	0.0044	0.0044
May	0.0044	0.0043	0.0044
June	0.0044	0.0043	0.0044
July	0.0044	0.0044	0.0044
August	0.0045	0.0044	0.0045
September	0.0045	0.0045	0.0045
October	0.0045	0.0044	0.0045
November	0.0045	0.0044	0.0045
December	0.0045	0.0044	0.0045