YEARLY HIGH
272.4798 MNT
YEARLY LOW
240.5061 MNT
YEARLY AVERAGE
257.7094 MNT

2023 SCR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 272.4798. Conversely, the yearly low was recorded on February 13, dropping to 240.5061.

This high-to-low spread represents a total annual volatility of 31.9737 MNT. From a start-to-finish perspective, comparing the January average rate of 251.7056 to the December average rate of 256.8779, the exchange rate registered a net change of 2.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 272.4798 was up 2.09% compared to the 2022 peak of 266.9002, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,362,399 MNT
2022 Average 1,154,978 MNT
Yearly Trough Low 1,202,530 MNT
Transaction Impact: A difference of 159,868.74 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

263.8590
250.4250
JanuMarcMayJulySeptNove

SCR 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 255.8331, compared to 259.5856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7525 points.

H1 Avg (Jan–Jun) 255.8331
H2 Avg (Jul–Dec) 259.5856

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 23.0453 MNT (High: 263.8674 / Low: 240.8221). On the other end, August was the most stable month, with a tight range of 9.8345 MNT (High: 262.3336 / Low: 252.4991).

January Spread (Volatile) ±23.0453
August Spread (Stable) ±9.8345

Growth Streaks & Declines

Trends

Between February and May, 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 4.7358 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.7358

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 260.5707) against the same month in 2022 (average: 209.6792), the exchange rate shifted by +50.8916 (+24.27%).

2023 Avg (April) 260.5707
2022 Avg (April) 209.6792

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 263.8674 240.8221 251.7056
February 261.6182 240.5061 251.5445
March 261.8980 242.0310 253.5130
April 272.4798 250.5835 260.5707
May 268.0450 250.1156 260.7711
June 268.1097 248.4880 256.8937
July 270.2636 248.3464 262.7395
August 262.3336 252.4991 258.0037
September 271.0267 253.3040 262.6128
October 270.7292 249.6425 258.9701
November 264.5833 251.3490 258.3097
December 267.2066 246.7973 256.8779