2023 MOP to MNT Historical Review

YEARLY HIGH

441.0141 MNT

YEARLY LOW

417.7214 MNT

YEARLY AVERAGE

429.4582 MNT

2023 MOP to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 441.0141. Conversely, the yearly low was recorded on February 5, dropping to 417.7214.

This high-to-low spread represents a total annual volatility of 23.2927 MNT. From a start-to-finish perspective, comparing the January average rate of 423.0004 to the December average rate of 428.3917, the exchange rate registered a net change of 1.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 441.0141 was up 3.54% compared to the 2022 peak of 425.9473, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MOP based on timing:

Yearly Peak High 2,205,071 MNT

2022 Average 1,936,761 MNT

Yearly Trough Low 2,088,607 MNT

Transaction Impact: A difference of 116,463.52 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

437.9246

420.0023

JanuMarcMayJulySeptNove

MOP to MNT 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 429.1507, compared to 429.7657 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6150 points.

H1 Avg (Jan–Jun) 429.1507

H2 Avg (Jul–Dec) 429.7657

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 14.5245 MNT (High: 435.5325 / Low: 421.0080). On the other end, October was the most stable month, with a tight range of 2.7934 MNT (High: 429.5686 / Low: 426.7753).

March Spread (Volatile) ±14.5245

October Spread (Stable) ±2.7934

Growth Streaks & Declines

Trends

Between February and July, 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 July and August, when the average rate fell by 8.3657 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -8.3657

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 435.6698) against the same month in 2022 (average: 368.3995), the exchange rate shifted by +67.2702 (+18.26%).

2023 Avg (April) 435.6698

2022 Avg (April) 368.3995

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	424.8671	421.9815	423.0004
February	424.0552	417.7214	421.4958
March	435.5325	421.0080	422.4763
April	441.0141	434.5371	435.6698
May	438.2302	433.9196	436.0162
June	439.0469	434.2528	436.2457
July	440.5778	429.1945	436.4311
August	431.9569	426.5353	428.0654
September	429.8204	426.5116	427.8653
October	429.5686	426.7753	428.2969
November	431.5860	428.0702	429.5437
December	429.8011	426.3367	428.3917