2023 NPR to MNT Historical Review

YEARLY HIGH

27.2446 MNT

YEARLY LOW

25.6583 MNT

YEARLY AVERAGE

26.2124 MNT

2023 NPR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 27.2446. Conversely, the yearly low was recorded on February 15, dropping to 25.6583.

This high-to-low spread represents a total annual volatility of 1.5863 MNT. From a start-to-finish perspective, comparing the January average rate of 26.0248 to the December average rate of 25.8789, the exchange rate registered a net change of -0.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 27.2446 was up 2.59% compared to the 2022 peak of 26.5573, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 136,223 MNT

2022 Average 124,146 MNT

Yearly Trough Low 128,291 MNT

Transaction Impact: A difference of 7,931.60 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

26.9640

25.6739

JanuMarcMayJulySeptNove

NPR 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 26.3471, compared to 26.0777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2694 points.

H1 Avg (Jan–Jun) 26.3471

H2 Avg (Jul–Dec) 26.0777

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.1121 MNT (High: 26.8128 / Low: 25.7007). On the other end, October was the most stable month, with a tight range of 0.1379 MNT (High: 26.0240 / Low: 25.8861).

March Spread (Volatile) ±1.1121

October Spread (Stable) ±0.1379

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.6822 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6822

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 26.8565) against the same month in 2022 (average: 24.4281), the exchange rate shifted by +2.4284 (+9.94%).

2023 Avg (April) 26.8565

2022 Avg (April) 24.4281

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.2667	25.6761	26.0248
February	26.0227	25.6583	25.7815
March	26.8128	25.7007	25.9297
April	27.2446	26.6990	26.8565
May	26.9393	26.5533	26.7299
June	26.9964	26.6042	26.7605
July	26.9906	26.1946	26.7215
August	26.2380	25.8577	26.0392
September	26.1001	25.8868	25.9766
October	26.0240	25.8861	25.9321
November	26.1225	25.8555	25.9181
December	25.9670	25.7875	25.8789