YEARLY HIGH
51.6186 MNT
YEARLY LOW
34.1584 MNT
YEARLY AVERAGE
40.9908 MNT

2023 RUB to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 51.6186. Conversely, the yearly low was recorded on October 8, dropping to 34.1584.

This high-to-low spread represents a total annual volatility of 17.4602 MNT. From a start-to-finish perspective, comparing the January average rate of 48.7227 to the December average rate of 37.8930, the exchange rate registered a net change of -22.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 51.6186 was down 13.34% compared to the 2022 peak of 59.5663, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 258,093 MNT
2022 Average 233,311 MNT
Yearly Trough Low 170,792 MNT
Transaction Impact: A difference of 87,301.02 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

50.0379
34.2561
JanuMarcMayJulySeptNove

RUB 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 44.9834, compared to 36.9982 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.9852 points.

H1 Avg (Jan–Jun) 44.9834
H2 Avg (Jul–Dec) 36.9982

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 5.3911 MNT (High: 51.6186 / Low: 46.2275). On the other end, March was the most stable month, with a tight range of 1.3590 MNT (High: 45.4111 / Low: 44.0521).

January Spread (Volatile) ±5.3911
March Spread (Stable) ±1.3590

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 3.4699 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -3.4699

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 48.7227) against the same month in 2022 (average: 37.3720), the exchange rate shifted by +11.3508 (+30.37%).

2023 Avg (January) 48.7227
2022 Avg (January) 37.3720

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 51.6186 46.2275 48.7227
February 48.7196 44.8186 46.3667
March 45.4111 44.0521 44.6749
April 45.3912 42.8912 43.4546
May 46.2397 43.2841 44.4680
June 43.5583 39.6168 42.2137
July 40.0114 37.4738 38.7438
August 37.3336 34.5017 36.0135
September 36.3897 35.0175 35.6682
October 37.1167 34.1584 35.5713
November 39.0885 36.9867 38.0993
December 38.9941 37.1387 37.8930