2023 TJS to MNT Historical Review

YEARLY HIGH

340.2383 MNT

YEARLY LOW

311.4275 MNT

YEARLY AVERAGE

320.5844 MNT

2023 TJS to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 340.2383. Conversely, the yearly low was recorded on March 20, dropping to 311.4275.

This high-to-low spread represents a total annual volatility of 28.8108 MNT. From a start-to-finish perspective, comparing the January average rate of 332.9762 to the December average rate of 315.3808, the exchange rate registered a net change of -5.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 340.2383 was down 0.43% compared to the 2022 peak of 341.7079, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,701,192 MNT

2022 Average 1,441,181 MNT

Yearly Trough Low 1,557,137 MNT

Transaction Impact: A difference of 144,054.23 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

334.8571

312.2864

JanuMarcMayJulySeptNove

TJS 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 325.2860, compared to 315.8827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.4033 points.

H1 Avg (Jan–Jun) 325.2860

H2 Avg (Jul–Dec) 315.8827

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 28.8108 MNT (High: 340.2383 / Low: 311.4275). On the other end, May was the most stable month, with a tight range of 1.4954 MNT (High: 322.8471 / Low: 321.3517).

March Spread (Volatile) ±28.8108

May Spread (Stable) ±1.4954

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 6.8954 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -6.8954

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 328.0108) against the same month in 2022 (average: 253.7270), the exchange rate shifted by +74.2837 (+29.28%).

2023 Avg (February) 328.0108

2022 Avg (February) 253.7270

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	336.2912	331.1022	332.9762
February	340.2383	317.1591	328.0108
March	340.2383	311.4275	323.6020
April	326.4019	321.6619	322.6257
May	322.8471	321.3517	322.2943
June	324.2530	321.0342	322.2072
July	324.7125	314.7325	321.2476
August	316.8858	313.4548	314.3522
September	315.1867	313.3901	314.1673
October	315.7329	313.3901	314.5552
November	317.5273	314.0164	315.5933
December	316.5829	314.0905	315.3808