2023 MNT to TWD Historical Review

YEARLY HIGH

0.0094 TWD

YEARLY LOW

0.0086 TWD

YEARLY AVERAGE

0.0090 TWD

2023 MNT to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 0.0094. Conversely, the yearly low was recorded on April 4, dropping to 0.0086.

This high-to-low spread represents a total annual volatility of 0.0008 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0089 to the December average rate of 0.0090, the exchange rate registered a net change of 1.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0094 was down 5.28% compared to the 2022 peak of 0.0099, 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 47 TWD

2022 Average 48 TWD

Yearly Trough Low 43 TWD

Transaction Impact: A difference of 3.88 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0094

0.0086

JanuMarcMayJulySeptNove

MNT to TWD 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 0.0088, compared to 0.0092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0088

H2 Avg (Jul–Dec) 0.0092

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0004 TWD (High: 0.0091 / Low: 0.0087). On the other end, May was the most stable month, with a tight range of 0.0001 TWD (High: 0.0088 / Low: 0.0087).

March Spread (Volatile) ±0.0004

May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0003 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0094) against the same month in 2022 (average: 0.0096), the exchange rate shifted by -0.0002 (-2.46%).

2023 Avg (October) 0.0094

2022 Avg (October) 0.0096

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0090	0.0088	0.0089
February	0.0090	0.0087	0.0089
March	0.0091	0.0087	0.0090
April	0.0087	0.0086	0.0087
May	0.0088	0.0087	0.0087
June	0.0089	0.0087	0.0088
July	0.0091	0.0088	0.0089
August	0.0093	0.0092	0.0092
September	0.0093	0.0092	0.0093
October	0.0094	0.0093	0.0094
November	0.0094	0.0091	0.0092
December	0.0091	0.0089	0.0090