2023 XCD to MNT Historical Review

YEARLY HIGH

1302.1036 MNT

YEARLY LOW

1260.6484 MNT

YEARLY AVERAGE

1280.9386 MNT

2023 XCD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 1302.1036. Conversely, the yearly low was recorded on March 30, dropping to 1260.6484.

This high-to-low spread represents a total annual volatility of 41.4552 MNT. From a start-to-finish perspective, comparing the January average rate of 1260.6484 to the December average rate of 1276.5721, the exchange rate registered a net change of 1.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1302.1036 was up 3.29% compared to the 2022 peak of 1260.6484, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,510,518 MNT

2022 Average 5,780,188 MNT

Yearly Trough Low 6,303,242 MNT

Transaction Impact: A difference of 207,275.97 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1306.2491

1256.5029

JanuMarcMayJulySeptNove

XCD 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 1281.5988, compared to 1280.2783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3205 points.

H1 Avg (Jan–Jun) 1281.5988

H2 Avg (Jul–Dec) 1280.2783

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 41.4552 MNT (High: 1302.1036 / Low: 1260.6484). On the other end, December was the most stable month, with a tight range of 0.0000 MNT (High: 1276.5721 / Low: 1276.5721).

March Spread (Volatile) ±41.4552

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 22.2371 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -22.2371

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 1261.9856) against the same month in 2022 (average: 1067.0236), the exchange rate shifted by +194.9621 (+18.27%).

2023 Avg (March) 1261.9856

2022 Avg (March) 1067.0236

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1260.6484	1260.6484	1260.6484
February	1260.6484	1260.6484	1260.6484
March	1302.1036	1260.6484	1261.9856
April	1302.1036	1302.1036	1302.1036
May	1302.1036	1302.1036	1302.1036
June	1302.1036	1302.1036	1302.1036
July	1302.1036	1276.5721	1298.8092
August	1276.5721	1276.5721	1276.5721
September	1276.5721	1276.5721	1276.5721
October	1276.5721	1276.5721	1276.5721
November	1276.5721	1276.5721	1276.5721
December	1276.5721	1276.5721	1276.5721