2023 MNT to SRD Historical Review

YEARLY HIGH

0.0112 SRD

YEARLY LOW

0.0093 SRD

YEARLY AVERAGE

0.0106 SRD

2023 MNT to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 0.0112. Conversely, the yearly low was recorded on January 8, dropping to 0.0093.

This high-to-low spread represents a total annual volatility of 0.0019 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0093 to the December average rate of 0.0108, the exchange rate registered a net change of 15.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0112 was up 19.32% compared to the 2022 peak of 0.0094, 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 56 SRD

2022 Average 39 SRD

Yearly Trough Low 46 SRD

Transaction Impact: A difference of 9.66 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0113

0.0092

JanuMarcMayJulySeptNove

MNT to SRD 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 0.0101, compared to 0.0110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0101

H2 Avg (Jul–Dec) 0.0110

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0007 SRD (High: 0.0105 / Low: 0.0098). On the other end, November was the most stable month, with a tight range of 0.0001 SRD (High: 0.0111 / Low: 0.0110).

March Spread (Volatile) ±0.0007

November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and September, 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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0108) against the same month in 2022 (average: 0.0073), the exchange rate shifted by +0.0035 (+48.60%).

2023 Avg (July) 0.0108

2022 Avg (July) 0.0073

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0095	0.0093	0.0093
February	0.0099	0.0094	0.0096
March	0.0105	0.0098	0.0101
April	0.0106	0.0102	0.0105
May	0.0108	0.0105	0.0106
June	0.0109	0.0106	0.0107
July	0.0112	0.0105	0.0108
August	0.0112	0.0111	0.0111
September	0.0112	0.0110	0.0111
October	0.0111	0.0110	0.0111
November	0.0111	0.0110	0.0110
December	0.0110	0.0107	0.0108