2023 SRD to MNT Historical Review

YEARLY HIGH

107.9606 MNT

YEARLY LOW

89.3285 MNT

YEARLY AVERAGE

94.9265 MNT

2023 SRD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 107.9606. Conversely, the yearly low was recorded on July 31, dropping to 89.3285.

This high-to-low spread represents a total annual volatility of 18.6321 MNT. From a start-to-finish perspective, comparing the January average rate of 107.0900 to the December average rate of 92.3434, the exchange rate registered a net change of -13.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 107.9606 was down 27.10% compared to the 2022 peak of 148.0966, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 539,803 MNT

2022 Average 654,841 MNT

Yearly Trough Low 446,642 MNT

Transaction Impact: A difference of 93,160.37 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

108.7911

88.3787

JanuMarcMayJulySeptNove

SRD 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 98.8146, compared to 91.0384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.7762 points.

H1 Avg (Jan–Jun) 98.8146

H2 Avg (Jul–Dec) 91.0384

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 6.6938 MNT (High: 101.6337 / Low: 94.9399). On the other end, November was the most stable month, with a tight range of 0.8362 MNT (High: 91.2698 / Low: 90.4337).

March Spread (Volatile) ±6.6938

November Spread (Stable) ±0.8362

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 5.2427 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.2427

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 107.0900) against the same month in 2022 (average: 135.2072), the exchange rate shifted by -28.1171 (-20.80%).

2023 Avg (January) 107.0900

2022 Avg (January) 135.2072

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	107.9606	105.0932	107.0900
February	106.4677	100.5168	103.8777
March	101.6337	94.9399	98.6350
April	98.4239	94.0695	95.7020
May	94.8224	92.9109	94.2382
June	94.2812	91.8188	93.3445
July	95.1081	89.3285	92.4015
August	90.3496	89.4663	90.1432
September	90.6547	89.3863	90.0797
October	90.7919	89.9175	90.4348
November	91.2698	90.4337	90.8277
December	93.8890	91.0699	92.3434