YEARLY HIGH
891.0165 MNT
YEARLY LOW
760.7774 MNT
YEARLY AVERAGE
825.6348 MNT

2023 PLN to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 891.0165. Conversely, the yearly low was recorded on February 22, dropping to 760.7774.

This high-to-low spread represents a total annual volatility of 130.2390 MNT. From a start-to-finish perspective, comparing the January average rate of 786.0904 to the December average rate of 869.9034, the exchange rate registered a net change of 10.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 891.0165 was up 14.14% compared to the 2022 peak of 780.6447, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 17,820,329 MNT
2022 Average 14,029,288 MNT
Yearly Trough Low 15,215,549 MNT
Transaction Impact: A difference of 2,604,780.35 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

883.9019
758.1304
JanuMarcMayJulySeptNove

PLN 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 810.4540, compared to 840.8155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 30.3614 points.

H1 Avg (Jan–Jun) 810.4540
H2 Avg (Jul–Dec) 840.8155

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 61.5317 MNT (High: 878.7682 / Low: 817.2365). On the other end, May was the most stable month, with a tight range of 24.1647 MNT (High: 855.3480 / Low: 831.1833).

November Spread (Volatile) ±61.5317
May Spread (Stable) ±24.1647

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 43.3802 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -43.3802

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 873.4210) against the same month in 2022 (average: 672.9969), the exchange rate shifted by +200.4241 (+29.78%).

2023 Avg (July) 873.4210
2022 Avg (July) 672.9969

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 823.4110 765.5672 786.0904
February 797.7829 760.7774 768.6114
March 815.3103 766.1844 778.4306
April 848.4711 813.0816 831.7585
May 855.3480 831.1833 842.1820
June 872.1976 837.8448 855.6513
July 891.0165 854.6529 873.4210
August 857.6879 832.1745 844.2163
September 832.3811 782.2567 800.8362
October 825.4132 780.1259 808.2639
November 878.7682 817.2365 848.2521
December 886.9362 856.4987 869.9034