2023 MNT to RSD Historical Review

YEARLY HIGH

0.0327 RSD

YEARLY LOW

0.0296 RSD

YEARLY AVERAGE

0.0313 RSD

2023 MNT to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0327. Conversely, the yearly low was recorded on July 17, dropping to 0.0296.

This high-to-low spread represents a total annual volatility of 0.0031 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0319 to the December average rate of 0.0311, the exchange rate registered a net change of -2.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0327 was down 13.28% compared to the 2022 peak of 0.0378, 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 164 RSD

2022 Average 179 RSD

Yearly Trough Low 148 RSD

Transaction Impact: A difference of 15.54 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0324

0.0300

JanuMarcMayJulySeptNove

MNT to RSD 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 0.0313, compared to 0.0313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0313

H2 Avg (Jul–Dec) 0.0313

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0019 RSD (High: 0.0326 / Low: 0.0308). On the other end, August was the most stable month, with a tight range of 0.0006 RSD (High: 0.0315 / Low: 0.0309).

March Spread (Volatile) ±0.0019

August Spread (Stable) ±0.0006

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 0.0017 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0319) against the same month in 2022 (average: 0.0363), the exchange rate shifted by -0.0044 (-12.03%).

2023 Avg (January) 0.0319

2022 Avg (January) 0.0363

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0327	0.0316	0.0319
February	0.0327	0.0313	0.0322
March	0.0326	0.0308	0.0321
April	0.0308	0.0300	0.0304
May	0.0312	0.0301	0.0307
June	0.0311	0.0303	0.0307
July	0.0309	0.0296	0.0302
August	0.0315	0.0309	0.0312
September	0.0324	0.0315	0.0318
October	0.0325	0.0318	0.0322
November	0.0321	0.0309	0.0314
December	0.0316	0.0306	0.0311