YEARLY HIGH
524.7619 MNT
YEARLY LOW
497.3419 MNT
YEARLY AVERAGE
510.2217 MNT

2023 TTD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TTD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 524.7619. Conversely, the yearly low was recorded on February 5, dropping to 497.3419.

This high-to-low spread represents a total annual volatility of 27.4200 MNT. From a start-to-finish perspective, comparing the January average rate of 501.7608 to the December average rate of 507.4781, the exchange rate registered a net change of 1.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 524.7619 was up 3.75% compared to the 2022 peak of 505.7785, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,623,810 MNT
2022 Average 2,301,109 MNT
Yearly Trough Low 2,486,710 MNT
Transaction Impact: A difference of 137,100.04 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

520.6663
499.9732
JanuMarcMayJulySeptNove

TTD 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 510.4865, compared to 509.9570 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5295 points.

H1 Avg (Jan–Jun) 510.4865
H2 Avg (Jul–Dec) 509.9570

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 19.0757 MNT (High: 519.5413 / Low: 500.4656). On the other end, January was the most stable month, with a tight range of 2.4350 MNT (High: 503.3565 / Low: 500.9215).

March Spread (Volatile) ±19.0757
January Spread (Stable) ±2.4350

Growth Streaks & Declines

Trends

Between February and April, 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 9.3153 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -9.3153

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 518.9418) against the same month in 2022 (average: 438.2265), the exchange rate shifted by +80.7153 (+18.42%).

2023 Avg (April) 518.9418
2022 Avg (April) 438.2265

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 503.3565 500.9215 501.7608
February 504.9211 497.3419 501.6976
March 519.5413 500.4656 503.1081
April 524.7619 517.6869 518.9418
May 521.0284 516.7105 518.6463
June 520.9425 516.8636 518.7643
July 523.4095 508.0597 517.7412
August 512.1529 506.3668 508.4260
September 510.3753 507.2698 508.6988
October 511.5176 507.2698 508.6365
November 512.8185 507.5036 508.7614
December 509.1797 505.4085 507.4781