YEARLY HIGH
0.1746 SDG
YEARLY LOW
0.1583 SDG
YEARLY AVERAGE
0.1723 SDG

2023 MNT to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 0.1746. Conversely, the yearly low was recorded on November 20, dropping to 0.1583.

This high-to-low spread represents a total annual volatility of 0.0164 SDG. From a start-to-finish perspective, comparing the January average rate of 0.1693 to the December average rate of 0.1742, the exchange rate registered a net change of 2.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1746 was down 3.59% compared to the 2022 peak of 0.1812, 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 873 SDG
2022 Average 797 SDG
Yearly Trough Low 791 SDG
Transaction Impact: A difference of 81.91 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1748
0.1688
JanuMarcMayJulySeptNove

MNT to SDG 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 0.1709, compared to 0.1736 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.1709
H2 Avg (Jul–Dec) 0.1736

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0159 SDG (High: 0.1742 / Low: 0.1583). On the other end, December was the most stable month, with a tight range of 0.0000 SDG (High: 0.1742 / Low: 0.1742).

November Spread (Volatile) ±0.0159
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0030 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1729) against the same month in 2022 (average: 0.1550), the exchange rate shifted by +0.0179 (+11.58%).

2023 Avg (March) 0.1729
2022 Avg (March) 0.1550

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1710 0.1670 0.1693
February 0.1730 0.1713 0.1719
March 0.1746 0.1670 0.1729
April 0.1706 0.1627 0.1699
May 0.1708 0.1701 0.1705
June 0.1709 0.1706 0.1708
July 0.1743 0.1706 0.1712
August 0.1743 0.1742 0.1743
September 0.1743 0.1741 0.1743
October 0.1743 0.1739 0.1742
November 0.1742 0.1583 0.1735
December 0.1742 0.1742 0.1742