2023 MNT to NZD Historical Review

YEARLY HIGH

0.0005 NZD

YEARLY LOW

0.0004 NZD

YEARLY AVERAGE

0.0005 NZD

2023 MNT to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.0005. Conversely, the yearly low was recorded on July 13, dropping to 0.0004.

This high-to-low spread represents a total annual volatility of 0.0001 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0005 to the December average rate of 0.0005, the exchange rate registered a net change of 1.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0005 was down 8.72% compared to the 2022 peak of 0.0005, 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 NZD

2022 Average 3 NZD

Yearly Trough Low 2 NZD

Transaction Impact: A difference of 0.28 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0005

JanuMarcMayJulySeptNove

MNT to NZD 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 0.0005, compared to 0.0005 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) 0.0005

H2 Avg (Jul–Dec) 0.0005

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0000 NZD (High: 0.0005 / Low: 0.0005). On the other end, September was the most stable month, with a tight range of 0.0000 NZD (High: 0.0005 / Low: 0.0005).

March Spread (Volatile) ±0.0000

September Spread (Stable) ±0.0000

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 November and December, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0005) against the same month in 2022 (average: 0.0005), the exchange rate shifted by -0.0000 (-6.87%).

2023 Avg (October) 0.0005

2022 Avg (October) 0.0005

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0005	0.0005	0.0005
February	0.0005	0.0005	0.0005
March	0.0005	0.0005	0.0005
April	0.0005	0.0004	0.0005
May	0.0005	0.0004	0.0005
June	0.0005	0.0005	0.0005
July	0.0005	0.0004	0.0005
August	0.0005	0.0005	0.0005
September	0.0005	0.0005	0.0005
October	0.0005	0.0005	0.0005
November	0.0005	0.0005	0.0005
December	0.0005	0.0005	0.0005