2023 WST to MNT Historical Review

YEARLY HIGH

1291.1345 MNT

YEARLY LOW

1232.1429 MNT

YEARLY AVERAGE

1267.3991 MNT

2023 WST to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 1291.1345. Conversely, the yearly low was recorded on December 31, dropping to 1232.1429.

This high-to-low spread represents a total annual volatility of 58.9916 MNT. From a start-to-finish perspective, comparing the January average rate of 1262.9850 to the December average rate of 1232.1429, the exchange rate registered a net change of -2.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1291.1345 was up 2.23% compared to the 2022 peak of 1262.9850, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,455,673 MNT

2022 Average 5,835,409 MNT

Yearly Trough Low 6,160,714 MNT

Transaction Impact: A difference of 294,958.23 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1297.0337

1226.2437

JanuMarcMayJulySeptNove

WST 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 1277.2111, compared to 1257.5870 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 19.6241 points.

H1 Avg (Jan–Jun) 1277.2111

H2 Avg (Jul–Dec) 1257.5870

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 36.9394 MNT (High: 1269.0822 / Low: 1232.1429). On the other end, December was the most stable month, with a tight range of 0.0000 MNT (High: 1232.1429 / Low: 1232.1429).

October Spread (Volatile) ±36.9394

December Spread (Stable) ±0.0000

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 October and November, when the average rate fell by 22.6403 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -22.6403

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 1263.8931) against the same month in 2022 (average: 1102.9227), the exchange rate shifted by +160.9703 (+14.59%).

2023 Avg (March) 1263.8931

2022 Avg (March) 1102.9227

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1262.9850	1262.9850	1262.9850
February	1262.9850	1262.9850	1262.9850
March	1291.1345	1262.9850	1263.8931
April	1291.1345	1291.1345	1291.1345
May	1291.1345	1291.1345	1291.1345
June	1291.1345	1291.1345	1291.1345
July	1291.1345	1269.0822	1288.2890
August	1269.0822	1269.0822	1269.0822
September	1269.0822	1269.0822	1269.0822
October	1269.0822	1232.1429	1254.7831
November	1232.1429	1232.1429	1232.1429
December	1232.1429	1232.1429	1232.1429