2023 MNT to SBD Historical Review

YEARLY HIGH

0.0025 SBD

YEARLY LOW

0.0023 SBD

YEARLY AVERAGE

0.0024 SBD

2023 MNT to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.0025. Conversely, the yearly low was recorded on April 2, dropping to 0.0023.

This high-to-low spread represents a total annual volatility of 0.0001 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0024 to the December average rate of 0.0025, the exchange rate registered a net change of 1.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0025 was down 13.17% compared to the 2022 peak of 0.0028, 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 12 SBD

2022 Average 13 SBD

Yearly Trough Low 12 SBD

Transaction Impact: A difference of 0.62 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0025

0.0023

JanuMarcMayJulySeptNove

MNT to SBD 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 0.0024, compared to 0.0024 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) 0.0024

H2 Avg (Jul–Dec) 0.0024

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0001 SBD (High: 0.0024 / Low: 0.0023). On the other end, June was the most stable month, with a tight range of 0.0000 SBD (High: 0.0024 / Low: 0.0024).

March Spread (Volatile) ±0.0001

June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 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 8 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0024) against the same month in 2022 (average: 0.0025), the exchange rate shifted by -0.0000 (-0.33%).

2023 Avg (October) 0.0024

2022 Avg (October) 0.0025

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0024	0.0024	0.0024
February	0.0024	0.0024	0.0024
March	0.0024	0.0023	0.0024
April	0.0024	0.0023	0.0024
May	0.0024	0.0024	0.0024
June	0.0024	0.0024	0.0024
July	0.0024	0.0024	0.0024
August	0.0024	0.0024	0.0024
September	0.0025	0.0024	0.0024
October	0.0025	0.0024	0.0024
November	0.0025	0.0024	0.0024
December	0.0025	0.0024	0.0025