2023 PYG to MNT Historical Review

YEARLY HIGH

0.4947 MNT

YEARLY LOW

0.4577 MNT

YEARLY AVERAGE

0.4751 MNT

2023 PYG to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.4947. Conversely, the yearly low was recorded on January 23, dropping to 0.4577.

This high-to-low spread represents a total annual volatility of 0.0370 MNT. From a start-to-finish perspective, comparing the January average rate of 0.4619 to the December average rate of 0.4689, the exchange rate registered a net change of 1.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4947 was up 2.23% compared to the 2022 peak of 0.4839, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,473 MNT

2022 Average 2,237 MNT

Yearly Trough Low 2,289 MNT

Transaction Impact: A difference of 184.92 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4946

0.4589

JanuMarcMayJulySeptNove

PYG 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 0.4781, compared to 0.4721 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.4781

H2 Avg (Jul–Dec) 0.4721

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0261 MNT (High: 0.4924 / Low: 0.4664). On the other end, August was the most stable month, with a tight range of 0.0038 MNT (High: 0.4765 / Low: 0.4727).

March Spread (Volatile) ±0.0261

August Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between January and April, 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 0.0089 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.4916) against the same month in 2022 (average: 0.4334), the exchange rate shifted by +0.0582 (+13.42%).

2023 Avg (April) 0.4916

2022 Avg (April) 0.4334

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4668	0.4577	0.4619
February	0.4698	0.4619	0.4666
March	0.4924	0.4664	0.4745
April	0.4947	0.4841	0.4916
May	0.4921	0.4859	0.4887
June	0.4886	0.4828	0.4854
July	0.4882	0.4739	0.4833
August	0.4765	0.4727	0.4744
September	0.4758	0.4717	0.4742
October	0.4739	0.4618	0.4681
November	0.4665	0.4617	0.4639
December	0.4736	0.4634	0.4689