2023 AUD to MVR Historical Review

YEARLY HIGH

10.9855 MVR

YEARLY LOW

9.6679 MVR

YEARLY AVERAGE

10.2160 MVR

2023 AUD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AUD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 10.9855. Conversely, the yearly low was recorded on October 14, dropping to 9.6679.

This high-to-low spread represents a total annual volatility of 1.3176 MVR. From a start-to-finish perspective, comparing the January average rate of 10.7064 to the December average rate of 10.3057, the exchange rate registered a net change of -3.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.9855 was down 6.32% compared to the 2022 peak of 11.7270, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54,927 MVR

2022 Average 53,579 MVR

Yearly Trough Low 48,339 MVR

Transaction Impact: A difference of 6,588.07 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.8003

9.6730

JanuMarcMayJulySeptNove

AUD 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 10.3872, compared to 10.0448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3423 points.

H1 Avg (Jan–Jun) 10.3872

H2 Avg (Jul–Dec) 10.0448

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.6557 MVR (High: 10.9786 / Low: 10.3229). On the other end, September was the most stable month, with a tight range of 0.1436 MVR (High: 9.9550 / Low: 9.8114).

February Spread (Volatile) ±0.6557

September Spread (Stable) ±0.1436

Growth Streaks & Declines

Trends

Between May and July, 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 0.3861 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3861

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 10.7064) against the same month in 2022 (average: 11.0812), the exchange rate shifted by -0.3748 (-3.38%).

2023 Avg (January) 10.7064

2022 Avg (January) 11.0812

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.9855	10.3639	10.7064
February	10.9786	10.3229	10.5743
March	10.4104	10.1023	10.2720
April	10.4304	10.1500	10.2680
May	10.4155	9.9544	10.1912
June	10.5639	10.0631	10.3110
July	10.6151	10.1936	10.3468
August	10.1646	9.8049	9.9607
September	9.9550	9.8114	9.9012
October	9.9117	9.6679	9.7669
November	10.2170	9.7295	9.9878
December	10.5328	10.0557	10.3057