Yes, it can be NAT. The documentation inside monowall homepage also said that it can be NAT but only using ESP protocol not AH protocol.
Read here.
ESP protocol will use port 500/UDP for ISAKMP, Internet Security Association and Key Management Protocol. Read here and here and here.
p/s: I hope that i can get the budjet earlier from my company for me to buy Advantech FWA-660 to test the IPSec NAT.