2023 MXN to MNT Historical Review

YEARLY HIGH

210.5401 MNT

YEARLY LOW

174.7407 MNT

YEARLY AVERAGE

195.5002 MNT

2023 MXN to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 210.5401. Conversely, the yearly low was recorded on January 1, dropping to 174.7407.

This high-to-low spread represents a total annual volatility of 35.7994 MNT. From a start-to-finish perspective, comparing the January average rate of 179.6757 to the December average rate of 200.9912, the exchange rate registered a net change of 11.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 210.5401 was up 18.30% compared to the 2022 peak of 177.9717, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 10,527,005 MNT

2022 Average 7,778,810 MNT

Yearly Trough Low 8,737,033 MNT

Transaction Impact: A difference of 1,789,972.05 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

210.2411

176.8970

JanuMarcMayJulySeptNove

MXN 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 190.9363, compared to 200.0640 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.1277 points.

H1 Avg (Jan–Jun) 190.9363

H2 Avg (Jul–Dec) 200.0640

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 16.0471 MNT (High: 195.3155 / Low: 179.2685). On the other end, April was the most stable month, with a tight range of 3.5424 MNT (High: 195.7152 / Low: 192.1729).

March Spread (Volatile) ±16.0471

April Spread (Stable) ±3.5424

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 8.7157 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -8.7157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 207.4624) against the same month in 2022 (average: 153.2612), the exchange rate shifted by +54.2012 (+35.37%).

2023 Avg (July) 207.4624

2022 Avg (July) 153.2612

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	182.6155	174.7407	179.6757
February	186.1276	177.7136	183.2325
March	195.3155	179.2685	185.3537
April	195.7152	192.1729	194.7707
May	201.6788	195.7532	198.5139
June	206.0377	200.3382	204.0712
July	210.5401	204.1847	207.4624
August	206.1649	199.0005	203.1159
September	202.2159	195.0365	199.4760
October	198.1553	188.0730	190.7603
November	201.5917	193.8906	198.5782
December	203.8441	197.4193	200.9912