2023 TND to MNT Historical Review

YEARLY HIGH

1162.3452 MNT

YEARLY LOW

1075.4310 MNT

YEARLY AVERAGE

1115.7807 MNT

2023 TND to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 1162.3452. Conversely, the yearly low was recorded on March 8, dropping to 1075.4310.

This high-to-low spread represents a total annual volatility of 86.9142 MNT. From a start-to-finish perspective, comparing the January average rate of 1102.3037 to the December average rate of 1113.3682, the exchange rate registered a net change of 1.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1162.3452 was up 6.53% compared to the 2022 peak of 1091.1018, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,811,726 MNT

2022 Average 5,064,912 MNT

Yearly Trough Low 5,377,155 MNT

Transaction Impact: A difference of 434,571.07 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1155.6839

1081.1999

JanuMarcMayJulySeptNove

TND 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 1121.0205, compared to 1110.5408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.4797 points.

H1 Avg (Jan–Jun) 1121.0205

H2 Avg (Jul–Dec) 1110.5408

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 78.9072 MNT (High: 1154.3382 / Low: 1075.4310). On the other end, October was the most stable month, with a tight range of 10.6298 MNT (High: 1092.9827 / Low: 1082.3529).

March Spread (Volatile) ±78.9072

October Spread (Stable) ±10.6298

Growth Streaks & Declines

Trends

Between October and December, 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 28.5354 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -28.5354

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 1149.4769) against the same month in 2022 (average: 993.0719), the exchange rate shifted by +156.4051 (+15.75%).

2023 Avg (April) 1149.4769

2022 Avg (April) 993.0719

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1117.0378	1087.0980	1102.3037
February	1124.9679	1080.7186	1096.3675
March	1154.3382	1075.4310	1092.8416
April	1162.3452	1122.4880	1149.4769
May	1160.7158	1136.2609	1147.5770
June	1144.2042	1130.6932	1137.5565
July	1161.5778	1119.9481	1144.6395
August	1120.5119	1108.0777	1116.1041
September	1115.6023	1086.2720	1099.5157
October	1092.9827	1082.3529	1087.4069
November	1113.7116	1083.3726	1102.2103
December	1125.8872	1102.0604	1113.3682