2023 MUR to MNT Historical Review

YEARLY HIGH

78.5802 MNT

YEARLY LOW

72.2580 MNT

YEARLY AVERAGE

76.7720 MNT

2023 MUR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 78.5802. Conversely, the yearly low was recorded on March 16, dropping to 72.2580.

This high-to-low spread represents a total annual volatility of 6.3222 MNT. From a start-to-finish perspective, comparing the January average rate of 77.2149 to the December average rate of 78.1532, the exchange rate registered a net change of 1.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 78.5802 was up 0.62% compared to the 2022 peak of 78.0963, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 392,901 MNT

2022 Average 353,116 MNT

Yearly Trough Low 361,290 MNT

Transaction Impact: A difference of 31,610.82 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

78.6262

72.9498

JanuMarcMayJulySeptNove

MUR 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 76.2818, compared to 77.2622 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9804 points.

H1 Avg (Jan–Jun) 76.2818

H2 Avg (Jul–Dec) 77.2622

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 5.1677 MNT (High: 77.4257 / Low: 72.2580). On the other end, October was the most stable month, with a tight range of 0.6180 MNT (High: 78.0555 / Low: 77.4375).

March Spread (Volatile) ±5.1677

October Spread (Stable) ±0.6180

Growth Streaks & Declines

Trends

Between August and December, 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 January and February, when the average rate fell by 2.6914 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.6914

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 78.1532) against the same month in 2022 (average: 77.6767), the exchange rate shifted by +0.4765 (+0.61%).

2023 Avg (December) 78.1532

2022 Avg (December) 77.6767

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	78.2259	75.4440	77.2149
February	77.0807	73.0314	74.5236
March	77.4257	72.2580	73.4229
April	78.4615	77.3407	77.9551
May	78.2890	76.9989	77.4687
June	77.7103	76.3175	77.1056
July	77.8130	74.5195	77.0293
August	76.5136	74.9023	75.8421
September	77.5784	74.0026	76.6982
October	78.0555	77.4375	77.8331
November	78.2324	76.7519	78.0177
December	78.5802	77.2676	78.1532