2023 ARS to MVR Historical Review

YEARLY HIGH

0.0871 MVR

YEARLY LOW

0.0190 MVR

YEARLY AVERAGE

0.0589 MVR

2023 ARS to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0871. Conversely, the yearly low was recorded on December 31, dropping to 0.0190.

This high-to-low spread represents a total annual volatility of 0.0681 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0845 to the December average rate of 0.0281, the exchange rate registered a net change of -66.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0871 was down 42.03% compared to the 2022 peak of 0.1503, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 436 MVR

2022 Average 606 MVR

Yearly Trough Low 95 MVR

Transaction Impact: A difference of 340.73 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0902

0.0225

JanuMarcMayJulySeptNove

ARS to MVR 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 0.0734, compared to 0.0443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0291 points.

H1 Avg (Jan–Jun) 0.0734

H2 Avg (Jul–Dec) 0.0443

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0236 MVR (High: 0.0426 / Low: 0.0190). On the other end, September was the most stable month, with a tight range of 0.0003 MVR (High: 0.0442 / Low: 0.0439).

December Spread (Volatile) ±0.0236

September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0154 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0845) against the same month in 2022 (average: 0.1487), the exchange rate shifted by -0.0642 (-43.16%).

2023 Avg (January) 0.0845

2022 Avg (January) 0.1487

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0871	0.0821	0.0845
February	0.0820	0.0779	0.0801
March	0.0777	0.0738	0.0759
April	0.0739	0.0691	0.0714
May	0.0690	0.0639	0.0665
June	0.0639	0.0597	0.0619
July	0.0600	0.0558	0.0579
August	0.0556	0.0438	0.0484
September	0.0442	0.0439	0.0441
October	0.0440	0.0437	0.0440
November	0.0445	0.0426	0.0435
December	0.0426	0.0190	0.0281