YEARLY HIGH
0.1548 MNT
YEARLY LOW
0.1493 MNT
YEARLY AVERAGE
0.1532 MNT

2023 STD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 0.1548. Conversely, the yearly low was recorded on March 30, dropping to 0.1493.

This high-to-low spread represents a total annual volatility of 0.0056 MNT. From a start-to-finish perspective, comparing the January average rate of 0.1493 to the December average rate of 0.1548, the exchange rate registered a net change of 3.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1548 was up 3.73% compared to the 2022 peak of 0.1493, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 774 MNT
2022 Average 704 MNT
Yearly Trough Low 746 MNT
Transaction Impact: A difference of 27.82 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1554
0.1487
JanuMarcMayJulySeptNove

STD 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 0.1518, compared to 0.1547 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.1518
H2 Avg (Jul–Dec) 0.1547

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0049 MNT (High: 0.1542 / Low: 0.1493). On the other end, December was the most stable month, with a tight range of 0.0000 MNT (High: 0.1548 / Low: 0.1548).

March Spread (Volatile) ±0.0049
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 April and May, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1543) against the same month in 2022 (average: 0.1411), the exchange rate shifted by +0.0132 (+9.32%).

2023 Avg (July) 0.1543
2022 Avg (July) 0.1411

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1493 0.1493 0.1493
February 0.1493 0.1493 0.1493
March 0.1542 0.1493 0.1494
April 0.1542 0.1542 0.1542
May 0.1542 0.1542 0.1542
June 0.1542 0.1542 0.1542
July 0.1548 0.1542 0.1543
August 0.1548 0.1548 0.1548
September 0.1548 0.1548 0.1548
October 0.1548 0.1548 0.1548
November 0.1548 0.1548 0.1548
December 0.1548 0.1548 0.1548