2023 XDR to MNT Historical Review

YEARLY HIGH

4817.7431 MNT

YEARLY LOW

4514.0820 MNT

YEARLY AVERAGE

4620.5811 MNT

2023 XDR to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 4817.7431. Conversely, the yearly low was recorded on October 1, dropping to 4514.0820.

This high-to-low spread represents a total annual volatility of 303.6611 MNT. From a start-to-finish perspective, comparing the January average rate of 4577.1819 to the December average rate of 4601.0751, the exchange rate registered a net change of 0.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 4817.7431 was up 1.35% compared to the 2022 peak of 4753.5363, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24,088,715 MNT

2022 Average 21,404,834 MNT

Yearly Trough Low 22,570,410 MNT

Transaction Impact: A difference of 1,518,305.61 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4771.6130

4508.8387

JanuMarcMayJulySeptNove

XDR 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 4644.9215, compared to 4596.2407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 48.6808 points.

H1 Avg (Jan–Jun) 4644.9215

H2 Avg (Jul–Dec) 4596.2407

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 214.7464 MNT (High: 4731.1296 / Low: 4516.3832). On the other end, October was the most stable month, with a tight range of 42.8640 MNT (High: 4556.9460 / Low: 4514.0820).

March Spread (Volatile) ±214.7464

October Spread (Stable) ±42.8640

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 111.0791 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -111.0791

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 4749.7152) against the same month in 2022 (average: 4123.5474), the exchange rate shifted by +626.1678 (+15.19%).

2023 Avg (April) 4749.7152

2022 Avg (April) 4123.5474

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4607.0515	4519.5166	4577.1819
February	4624.4547	4519.4806	4563.1395
March	4731.1296	4516.3832	4550.9084
April	4817.7431	4727.5702	4749.7152
May	4763.8709	4686.8257	4731.8164
June	4747.9370	4668.1365	4696.7677
July	4769.3267	4630.5244	4716.9063
August	4667.6624	4574.2136	4605.8272
September	4594.3520	4514.0820	4561.0676
October	4556.9460	4514.0820	4530.7366
November	4608.3442	4522.7751	4561.8313
December	4630.5990	4556.0794	4601.0751