2023 MZN to MNT Historical Review

YEARLY HIGH

55.5485 MNT

YEARLY LOW

53.2338 MNT

YEARLY AVERAGE

54.2005 MNT

2023 MZN to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MZN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 55.5485. Conversely, the yearly low was recorded on February 23, dropping to 53.2338.

This high-to-low spread represents a total annual volatility of 2.3147 MNT. From a start-to-finish perspective, comparing the January average rate of 53.3299 to the December average rate of 54.0104, the exchange rate registered a net change of 1.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 55.5485 was up 4.10% compared to the 2022 peak of 53.3589, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 277,743 MNT

2022 Average 244,599 MNT

Yearly Trough Low 266,169 MNT

Transaction Impact: A difference of 11,573.52 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

55.2736

53.1361

JanuMarcMayJulySeptNove

MZN 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 54.2168, compared to 54.1843 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0325 points.

H1 Avg (Jan–Jun) 54.2168

H2 Avg (Jul–Dec) 54.1843

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.7533 MNT (High: 55.0704 / Low: 53.3171). On the other end, December was the most stable month, with a tight range of 0.0423 MNT (High: 54.0329 / Low: 53.9906).

March Spread (Volatile) ±1.7533

December Spread (Stable) ±0.0423

Growth Streaks & Declines

Trends

Between February and May, 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 1.0040 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 55.0337) against the same month in 2022 (average: 49.2054), the exchange rate shifted by +5.8283 (+11.84%).

2023 Avg (July) 55.0337

2022 Avg (July) 49.2054

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	53.3589	53.2755	53.3299
February	53.3589	53.2338	53.3142
March	55.0704	53.3171	53.3877
April	55.1135	55.0704	55.0934
May	55.2000	55.0704	55.0955
June	55.1135	55.0489	55.0799
July	55.5485	54.1389	55.0337
August	54.1049	54.0117	54.0297
September	54.0498	53.9484	53.9992
October	54.1601	53.9906	54.0208
November	54.0329	53.9906	54.0118
December	54.0329	53.9906	54.0104