2023 SVC to MNT Historical Review

YEARLY HIGH

407.5354 MNT

YEARLY LOW

385.7819 MNT

YEARLY AVERAGE

395.8157 MNT

2023 SVC to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 407.5354. Conversely, the yearly low was recorded on February 5, dropping to 385.7819.

This high-to-low spread represents a total annual volatility of 21.7535 MNT. From a start-to-finish perspective, comparing the January average rate of 389.3574 to the December average rate of 393.8770, the exchange rate registered a net change of 1.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 407.5354 was up 3.84% compared to the 2022 peak of 392.4783, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,037,677 MNT

2022 Average 1,785,248 MNT

Yearly Trough Low 1,928,909 MNT

Transaction Impact: A difference of 108,767.71 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

403.9295

387.9992

JanuMarcMayJulySeptNove

SVC 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 396.0432, compared to 395.5882 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4551 points.

H1 Avg (Jan–Jun) 396.0432

H2 Avg (Jul–Dec) 395.5882

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 14.0913 MNT (High: 403.0219 / Low: 388.9306). On the other end, January was the most stable month, with a tight range of 1.7209 MNT (High: 390.6613 / Low: 388.9404).

March Spread (Volatile) ±14.0913

January Spread (Stable) ±1.7209

Growth Streaks & Declines

Trends

Between August and November, 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 7.3325 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -7.3325

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 402.6020) against the same month in 2022 (average: 340.0439), the exchange rate shifted by +62.5581 (+18.40%).

2023 Avg (April) 402.6020

2022 Avg (April) 340.0439

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	390.6613	388.9404	389.3574
February	391.5976	385.7819	389.3267
March	403.0219	388.9306	390.3747
April	407.5354	401.6101	402.6020
May	403.4385	401.4025	402.3578
June	404.6905	400.6640	402.2409
July	405.9949	394.0563	401.6333
August	396.8437	392.8173	394.3008
September	395.6971	393.4442	394.3763
October	396.0440	393.4442	394.5757
November	397.5499	393.9774	394.7659
December	394.6158	392.1827	393.8770