2023 SYP to MNT Historical Review

YEARLY HIGH

1.4006 MNT

YEARLY LOW

1.3560 MNT

YEARLY AVERAGE

1.3778 MNT

2023 SYP to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 1.4006. Conversely, the yearly low was recorded on March 30, dropping to 1.3560.

This high-to-low spread represents a total annual volatility of 0.0446 MNT. From a start-to-finish perspective, comparing the January average rate of 1.3560 to the December average rate of 1.3731, the exchange rate registered a net change of 1.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.4006 was up 3.29% compared to the 2022 peak of 1.3560, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,003 MNT

2022 Average 6,218 MNT

Yearly Trough Low 6,780 MNT

Transaction Impact: A difference of 222.95 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.4050

1.3515

JanuMarcMayJulySeptNove

SYP 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 1.3785, compared to 1.3771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 1.3785

H2 Avg (Jul–Dec) 1.3771

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0446 MNT (High: 1.4006 / Low: 1.3560). On the other end, December was the most stable month, with a tight range of 0.0000 MNT (High: 1.3731 / Low: 1.3731).

March Spread (Volatile) ±0.0446

December Spread (Stable) ±0.0000

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 0.0239 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0239

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 1.3574) against the same month in 2022 (average: 1.1480), the exchange rate shifted by +0.2095 (+18.25%).

2023 Avg (March) 1.3574

2022 Avg (March) 1.1480

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3560	1.3560	1.3560
February	1.3560	1.3560	1.3560
March	1.4006	1.3560	1.3574
April	1.4006	1.4006	1.4006
May	1.4006	1.4006	1.4006
June	1.4006	1.4006	1.4006
July	1.4006	1.3731	1.3970
August	1.3731	1.3731	1.3731
September	1.3731	1.3731	1.3731
October	1.3731	1.3731	1.3731
November	1.3731	1.3731	1.3731
December	1.3731	1.3731	1.3731