YEARLY HIGH
6.2395 MNT
YEARLY LOW
5.9379 MNT
YEARLY AVERAGE
6.0806 MNT

2023 SOS to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 6.2395. Conversely, the yearly low was recorded on February 5, dropping to 5.9379.

This high-to-low spread represents a total annual volatility of 0.3016 MNT. From a start-to-finish perspective, comparing the January average rate of 5.9908 to the December average rate of 6.0342, the exchange rate registered a net change of 0.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.2395 was up 2.98% compared to the 2022 peak of 6.0590, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 31,197 MNT
2022 Average 27,166 MNT
Yearly Trough Low 29,690 MNT
Transaction Impact: A difference of 1,507.77 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.2149
5.9704
JanuMarcMayJulySeptNove

SOS 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 6.0930, compared to 6.0681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0249 points.

H1 Avg (Jan–Jun) 6.0930
H2 Avg (Jul–Dec) 6.0681

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.2023 MNT (High: 6.1900 / Low: 5.9877). On the other end, May was the most stable month, with a tight range of 0.0302 MNT (High: 6.2090 / Low: 6.1789).

March Spread (Volatile) ±0.2023
May Spread (Stable) ±0.0302

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 0.1105 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 6.1946) against the same month in 2022 (average: 5.1395), the exchange rate shifted by +1.0550 (+20.53%).

2023 Avg (April) 6.1946
2022 Avg (April) 5.1395

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.0128 5.9824 5.9908
February 6.0466 5.9379 5.9913
March 6.1900 5.9877 6.0046
April 6.2395 6.1812 6.1946
May 6.2090 6.1789 6.1892
June 6.2289 6.1667 6.1878
July 6.2276 6.0579 6.1716
August 6.1032 6.0350 6.0611
September 6.0686 6.0240 6.0514
October 6.0641 6.0316 6.0432
November 6.0864 6.0326 6.0470
December 6.0420 6.0038 6.0342