2023 BIF to MVR Historical Review

YEARLY HIGH

0.0075 MVR

YEARLY LOW

0.0054 MVR

YEARLY AVERAGE

0.0062 MVR

2023 BIF to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0075. Conversely, the yearly low was recorded on November 13, dropping to 0.0054.

This high-to-low spread represents a total annual volatility of 0.0022 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0074 to the December average rate of 0.0054, the exchange rate registered a net change of -27.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0075 was down 3.82% compared to the 2022 peak of 0.0078, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 38 MVR

2022 Average 38 MVR

Yearly Trough Low 27 MVR

Transaction Impact: A difference of 10.76 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0076

0.0052

JanuMarcMayJulySeptNove

BIF 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 0.0069, compared to 0.0054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0069

H2 Avg (Jul–Dec) 0.0054

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0020 MVR (High: 0.0074 / Low: 0.0054). On the other end, December was the most stable month, with a tight range of 0.0000 MVR (High: 0.0054 / Low: 0.0054).

May Spread (Volatile) ±0.0020

December Spread (Stable) ±0.0000

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 May and June, when the average rate fell by 0.0011 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0074) against the same month in 2022 (average: 0.0076), the exchange rate shifted by -0.0002 (-2.95%).

2023 Avg (March) 0.0074

2022 Avg (March) 0.0076

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0075	0.0074	0.0074
February	0.0074	0.0073	0.0074
March	0.0075	0.0074	0.0074
April	0.0075	0.0074	0.0074
May	0.0074	0.0054	0.0066
June	0.0054	0.0054	0.0054
July	0.0055	0.0054	0.0054
August	0.0054	0.0054	0.0054
September	0.0055	0.0054	0.0054
October	0.0055	0.0054	0.0054
November	0.0055	0.0054	0.0054
December	0.0054	0.0054	0.0054