2023 SAR to MNT Historical Review

YEARLY HIGH

938.7319 MNT

YEARLY LOW

905.8909 MNT

YEARLY AVERAGE

922.7634 MNT

2023 SAR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 22, valuing the pair at 938.7319. Conversely, the yearly low was recorded on January 1, dropping to 905.8909.

This high-to-low spread represents a total annual volatility of 32.8410 MNT. From a start-to-finish perspective, comparing the January average rate of 907.0167 to the December average rate of 919.7529, the exchange rate registered a net change of 1.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 938.7319 was up 3.53% compared to the 2022 peak of 906.7106, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,693,660 MNT

2022 Average 4,160,082 MNT

Yearly Trough Low 4,529,455 MNT

Transaction Impact: A difference of 164,204.94 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

941.4374

903.8875

JanuMarcMayJulySeptNove

SAR 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 923.0351, compared to 922.4916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5435 points.

H1 Avg (Jan–Jun) 923.0351

H2 Avg (Jul–Dec) 922.4916

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 31.0172 MNT (High: 937.8198 / Low: 906.8026). On the other end, June was the most stable month, with a tight range of 0.5149 MNT (High: 938.5572 / Low: 938.0423).

March Spread (Volatile) ±31.0172

June Spread (Stable) ±0.5149

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 16.1021 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -16.1021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 935.8295) against the same month in 2022 (average: 836.7325), the exchange rate shifted by +99.0970 (+11.84%).

2023 Avg (July) 935.8295

2022 Avg (July) 836.7325

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	907.9815	905.8909	907.0167
February	909.0807	907.7819	908.1537
March	937.8198	906.8026	908.3230
April	938.3607	937.6249	938.1218
May	938.4450	937.8410	938.3082
June	938.5572	938.0423	938.2873
July	938.7319	919.5834	935.8295
August	920.8211	919.5096	919.7274
September	920.9143	919.7209	919.8562
October	921.2404	919.2531	919.7989
November	922.8379	919.6184	919.9849
December	920.7545	917.2158	919.7529