2023 MNT to MXN Historical Review

YEARLY HIGH

0.0057 MXN

YEARLY LOW

0.0047 MXN

YEARLY AVERAGE

0.0051 MXN

2023 MNT to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0057. Conversely, the yearly low was recorded on July 19, dropping to 0.0047.

This high-to-low spread represents a total annual volatility of 0.0010 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0056 to the December average rate of 0.0050, the exchange rate registered a net change of -10.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0057 was down 23.07% compared to the 2022 peak of 0.0074, 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 29 MXN

2022 Average 32 MXN

Yearly Trough Low 24 MXN

Transaction Impact: A difference of 4.87 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0056

0.0047

JanuMarcMayJulySeptNove

MNT to MXN 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 0.0052, compared to 0.0050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0052

H2 Avg (Jul–Dec) 0.0050

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0005 MXN (High: 0.0056 / Low: 0.0051). On the other end, April was the most stable month, with a tight range of 0.0001 MXN (High: 0.0052 / Low: 0.0051).

March Spread (Volatile) ±0.0005

April Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and October, 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 0.0003 points.

Longest Streak 3 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: 0.0072), the exchange rate shifted by -0.0016 (-22.34%).

2023 Avg (January) 0.0056

2022 Avg (January) 0.0072

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0057	0.0055	0.0056
February	0.0056	0.0054	0.0055
March	0.0056	0.0051	0.0054
April	0.0052	0.0051	0.0051
May	0.0051	0.0050	0.0050
June	0.0050	0.0049	0.0049
July	0.0049	0.0047	0.0048
August	0.0050	0.0049	0.0049
September	0.0051	0.0049	0.0050
October	0.0053	0.0050	0.0052
November	0.0052	0.0050	0.0050
December	0.0051	0.0049	0.0050