2023 YER to MNT Historical Review

YEARLY HIGH

14.0649 MNT

YEARLY LOW

13.6061 MNT

YEARLY AVERAGE

13.8295 MNT

2023 YER to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 14.0649. Conversely, the yearly low was recorded on February 1, dropping to 13.6061.

This high-to-low spread represents a total annual volatility of 0.4588 MNT. From a start-to-finish perspective, comparing the January average rate of 13.6101 to the December average rate of 13.7874, the exchange rate registered a net change of 1.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.0649 was up 3.26% compared to the 2022 peak of 13.6211, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,324 MNT

2022 Average 62,420 MNT

Yearly Trough Low 68,030 MNT

Transaction Impact: A difference of 2,293.85 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.1025

13.5646

JanuMarcMayJulySeptNove

YER 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 13.8362, compared to 13.8229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0133 points.

H1 Avg (Jan–Jun) 13.8362

H2 Avg (Jul–Dec) 13.8229

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.4475 MNT (High: 14.0563 / Low: 13.6088). On the other end, June was the most stable month, with a tight range of 0.0028 MNT (High: 14.0591 / Low: 14.0563).

March Spread (Volatile) ±0.4475

June Spread (Stable) ±0.0028

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 0.2393 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2393

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 14.0223) against the same month in 2022 (average: 12.5551), the exchange rate shifted by +1.4671 (+11.69%).

2023 Avg (July) 14.0223

2022 Avg (July) 12.5551

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.6144	13.6061	13.6101
February	13.6211	13.6061	13.6094
March	14.0563	13.6088	13.6258
April	14.0605	14.0535	14.0571
May	14.0619	14.0563	14.0576
June	14.0591	14.0563	14.0570
July	14.0649	13.7807	14.0223
August	13.7879	13.7807	13.7830
September	13.7883	13.7766	13.7812
October	13.7876	13.7780	13.7814
November	13.7835	13.7780	13.7818
December	13.8111	13.7793	13.7874