2023 UAH to MNT Historical Review

YEARLY HIGH

96.5872 MNT

YEARLY LOW

90.1720 MNT

YEARLY AVERAGE

94.0850 MNT

2023 UAH to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 96.5872. Conversely, the yearly low was recorded on December 28, dropping to 90.1720.

This high-to-low spread represents a total annual volatility of 6.4152 MNT. From a start-to-finish perspective, comparing the January average rate of 92.6828 to the December average rate of 92.7666, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 96.5872 was down 9.40% compared to the 2022 peak of 106.6093, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 482,936 MNT

2022 Average 482,284 MNT

Yearly Trough Low 450,860 MNT

Transaction Impact: A difference of 32,075.85 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

95.8829

92.2648

JanuMarcMayJulySeptNove

UAH 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 94.0099, compared to 94.1601 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1502 points.

H1 Avg (Jan–Jun) 94.0099

H2 Avg (Jul–Dec) 94.1601

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 4.4064 MNT (High: 94.5784 / Low: 90.1720). On the other end, September was the most stable month, with a tight range of 0.6356 MNT (High: 93.8514 / Low: 93.2158).

December Spread (Volatile) ±4.4064

September Spread (Stable) ±0.6356

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 November and December, when the average rate fell by 2.7370 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.7370

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 95.5814) against the same month in 2022 (average: 100.5393), the exchange rate shifted by -4.9579 (-4.93%).

2023 Avg (April) 95.5814

2022 Avg (April) 100.5393

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	93.0321	92.1894	92.6828
February	93.2450	91.3943	92.5663
March	95.9596	92.1731	92.5689
April	96.5872	95.2082	95.5814
May	95.8915	95.1031	95.3717
June	95.8762	94.9188	95.2886
July	96.1931	93.3594	95.2732
August	94.0111	93.0653	93.4530
September	93.8514	93.2158	93.4493
October	95.1976	93.2158	94.5152
November	96.1970	94.8410	95.5036
December	94.5784	90.1720	92.7666