2023 MNT to TZS Historical Review

YEARLY HIGH

0.7310 TZS

YEARLY LOW

0.6627 TZS

YEARLY AVERAGE

0.6996 TZS

2023 MNT to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.7310. Conversely, the yearly low was recorded on April 11, dropping to 0.6627.

This high-to-low spread represents a total annual volatility of 0.0683 TZS. From a start-to-finish perspective, comparing the January average rate of 0.6851 to the December average rate of 0.7282, the exchange rate registered a net change of 6.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7310 was down 9.87% compared to the 2022 peak of 0.8110, 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 3,655 TZS

2022 Average 3,735 TZS

Yearly Trough Low 3,313 TZS

Transaction Impact: A difference of 341.38 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7344

0.6601

JanuMarcMayJulySeptNove

MNT to TZS 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 0.6784, compared to 0.7207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0424 points.

H1 Avg (Jan–Jun) 0.6784

H2 Avg (Jul–Dec) 0.7207

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0306 TZS (High: 0.7119 / Low: 0.6813). On the other end, January was the most stable month, with a tight range of 0.0030 TZS (High: 0.6868 / Low: 0.6838).

July Spread (Volatile) ±0.0306

January Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0182 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.7282) against the same month in 2022 (average: 0.6849), the exchange rate shifted by +0.0433 (+6.33%).

2023 Avg (December) 0.7282

2022 Avg (December) 0.6849

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6868	0.6838	0.6851
February	0.6916	0.6827	0.6856
March	0.6876	0.6646	0.6844
April	0.6681	0.6627	0.6663
May	0.6733	0.6673	0.6704
June	0.6863	0.6721	0.6784
July	0.7119	0.6813	0.6953
August	0.7265	0.7116	0.7231
September	0.7275	0.7229	0.7262
October	0.7290	0.7235	0.7262
November	0.7296	0.7197	0.7255
December	0.7310	0.7249	0.7282