2023 RSD to MNT Historical Review

YEARLY HIGH

33.7482 MNT

YEARLY LOW

30.5448 MNT

YEARLY AVERAGE

31.9419 MNT

2023 RSD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 33.7482. Conversely, the yearly low was recorded on January 5, dropping to 30.5448.

This high-to-low spread represents a total annual volatility of 3.2035 MNT. From a start-to-finish perspective, comparing the January average rate of 31.3129 to the December average rate of 32.1450, the exchange rate registered a net change of 2.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 33.7482 was up 8.41% compared to the 2022 peak of 31.1304, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 168,741 MNT

2022 Average 139,851 MNT

Yearly Trough Low 152,724 MNT

Transaction Impact: A difference of 16,017.31 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

33.3155

30.8721

JanuMarcMayJulySeptNove

RSD 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 31.9365, compared to 31.9473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 31.9365

H2 Avg (Jul–Dec) 31.9473

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.8856 MNT (High: 32.5202 / Low: 30.6345). On the other end, October was the most stable month, with a tight range of 0.6235 MNT (High: 31.4185 / Low: 30.7950).

March Spread (Volatile) ±1.8856

October Spread (Stable) ±0.6235

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 1.0173 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.0173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 33.1119) against the same month in 2022 (average: 27.2966), the exchange rate shifted by +5.8153 (+21.30%).

2023 Avg (July) 33.1119

2022 Avg (July) 27.2966

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.6938	30.5448	31.3129
February	31.9584	30.6241	31.0757
March	32.5202	30.6345	31.1550
April	33.3339	32.5198	32.9180
May	33.2450	32.0943	32.6091
June	32.9772	32.1120	32.5485
July	33.7482	32.3458	33.1119
August	32.3942	31.7630	32.0946
September	31.7469	30.8996	31.4068
October	31.4185	30.7950	31.0852
November	32.3682	31.1673	31.8403
December	32.7082	31.6873	32.1450