2023 MNT to NPR Historical Review

YEARLY HIGH

0.0390 NPR

YEARLY LOW

0.0367 NPR

YEARLY AVERAGE

0.0382 NPR

2023 MNT to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.0390. Conversely, the yearly low was recorded on April 30, dropping to 0.0367.

This high-to-low spread represents a total annual volatility of 0.0023 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0384 to the December average rate of 0.0386, the exchange rate registered a net change of 0.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0390 was down 8.94% compared to the 2022 peak of 0.0428, 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 195 NPR

2022 Average 202 NPR

Yearly Trough Low 184 NPR

Transaction Impact: A difference of 11.35 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0389

0.0371

JanuMarcMayJulySeptNove

MNT to NPR 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 0.0380, compared to 0.0384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0380

H2 Avg (Jul–Dec) 0.0384

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0016 NPR (High: 0.0389 / Low: 0.0373). On the other end, October was the most stable month, with a tight range of 0.0002 NPR (High: 0.0386 / Low: 0.0384).

March Spread (Volatile) ±0.0016

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0013 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0388) against the same month in 2022 (average: 0.0419), the exchange rate shifted by -0.0031 (-7.33%).

2023 Avg (February) 0.0388

2022 Avg (February) 0.0419

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0389	0.0381	0.0384
February	0.0390	0.0384	0.0388
March	0.0389	0.0373	0.0386
April	0.0375	0.0367	0.0372
May	0.0377	0.0371	0.0374
June	0.0376	0.0370	0.0374
July	0.0382	0.0370	0.0374
August	0.0387	0.0381	0.0384
September	0.0386	0.0383	0.0385
October	0.0386	0.0384	0.0386
November	0.0387	0.0383	0.0386
December	0.0388	0.0385	0.0386