2023 MNT to YER Historical Review

YEARLY HIGH

0.0735 YER

YEARLY LOW

0.0711 YER

YEARLY AVERAGE

0.0723 YER

2023 MNT to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.0735. Conversely, the yearly low was recorded on July 17, dropping to 0.0711.

This high-to-low spread represents a total annual volatility of 0.0024 YER. From a start-to-finish perspective, comparing the January average rate of 0.0735 to the December average rate of 0.0725, the exchange rate registered a net change of -1.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0735 was down 16.06% compared to the 2022 peak of 0.0876, 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 367 YER

2022 Average 402 YER

Yearly Trough Low 355 YER

Transaction Impact: A difference of 11.99 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0737

0.0709

JanuMarcMayJulySeptNove

MNT to YER 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 0.0723, compared to 0.0723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0723

H2 Avg (Jul–Dec) 0.0723

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0023 YER (High: 0.0735 / Low: 0.0711). On the other end, June was the most stable month, with a tight range of 0.0000 YER (High: 0.0711 / Low: 0.0711).

March Spread (Volatile) ±0.0023

June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and September, 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 0.0023 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0735) against the same month in 2022 (average: 0.0875), the exchange rate shifted by -0.0140 (-16.02%).

2023 Avg (January) 0.0735

2022 Avg (January) 0.0875

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0735	0.0735	0.0735
February	0.0735	0.0734	0.0735
March	0.0735	0.0711	0.0734
April	0.0712	0.0711	0.0711
May	0.0711	0.0711	0.0711
June	0.0711	0.0711	0.0711
July	0.0726	0.0711	0.0713
August	0.0726	0.0725	0.0726
September	0.0726	0.0725	0.0726
October	0.0726	0.0725	0.0726
November	0.0726	0.0726	0.0726
December	0.0726	0.0724	0.0725