2023 MVR to MNT Historical Review

YEARLY HIGH

230.0000 MNT

YEARLY LOW

220.8730 MNT

YEARLY AVERAGE

225.2234 MNT

2023 MVR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 28, valuing the pair at 230.0000. Conversely, the yearly low was recorded on March 29, dropping to 220.8730.

This high-to-low spread represents a total annual volatility of 9.1270 MNT. From a start-to-finish perspective, comparing the January average rate of 221.4592 to the December average rate of 224.4213, the exchange rate registered a net change of 1.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 230.0000 was up 3.12% compared to the 2022 peak of 223.0419, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,150,000 MNT

2022 Average 1,012,951 MNT

Yearly Trough Low 1,104,365 MNT

Transaction Impact: A difference of 45,635.25 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

230.1428

220.6698

JanuMarcMayJulySeptNove

MVR 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 225.5008, compared to 224.9461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5547 points.

H1 Avg (Jan–Jun) 225.5008

H2 Avg (Jul–Dec) 224.9461

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 7.4853 MNT (High: 228.3582 / Low: 220.8730). On the other end, February was the most stable month, with a tight range of 0.2861 MNT (High: 222.0938 / Low: 221.8076).

March Spread (Volatile) ±7.4853

February Spread (Stable) ±0.2861

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 3.8561 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.8561

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 229.3259) against the same month in 2022 (average: 199.3803), the exchange rate shifted by +29.9456 (+15.02%).

2023 Avg (May) 229.3259

2022 Avg (May) 199.3803

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	222.0938	221.0879	221.4592
February	222.0938	221.8076	221.8989
March	228.3582	220.8730	221.8307
April	229.2508	228.3582	229.1365
May	230.0000	229.1016	229.3259
June	230.0000	229.1016	229.3534
July	229.8498	224.7557	228.2877
August	225.0489	224.0260	224.4317
September	224.3902	222.9402	223.7806
October	224.7557	223.8806	224.2033
November	226.2295	223.3010	224.5519
December	224.7557	224.0260	224.4213