2023 BMD to MVR Historical Review

YEARLY HIGH

15.4750 MVR

YEARLY LOW

15.2500 MVR

YEARLY AVERAGE

15.3707 MVR

2023 BMD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 15.4750. Conversely, the yearly low was recorded on November 13, dropping to 15.2500.

This high-to-low spread represents a total annual volatility of 0.2250 MVR. From a start-to-finish perspective, comparing the January average rate of 15.3842 to the December average rate of 15.3729, the exchange rate registered a net change of -0.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 15.4750 was down 2.43% compared to the 2022 peak of 15.8600, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 77,375 MVR

2022 Average 77,114 MVR

Yearly Trough Low 76,250 MVR

Transaction Impact: A difference of 1,125.00 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15.4243

15.3358

JanuMarcMayJulySeptNove

BMD 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 15.3597, compared to 15.3816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0219 points.

H1 Avg (Jan–Jun) 15.3597

H2 Avg (Jul–Dec) 15.3816

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.2000 MVR (High: 15.4500 / Low: 15.2500). On the other end, February was the most stable month, with a tight range of 0.0198 MVR (High: 15.3600 / Low: 15.3402).

November Spread (Volatile) ±0.2000

February Spread (Stable) ±0.0198

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 January and February, when the average rate fell by 0.0305 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0305

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 15.4169) against the same month in 2022 (average: 15.4433), the exchange rate shifted by -0.0263 (-0.17%).

2023 Avg (September) 15.4169

2022 Avg (September) 15.4433

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.4100	15.3402	15.3842
February	15.3600	15.3402	15.3537
March	15.4250	15.3402	15.3747
April	15.4100	15.3500	15.3577
May	15.3600	15.3000	15.3450
June	15.3600	15.3000	15.3432
July	15.4100	15.3100	15.3757
August	15.4000	15.3300	15.3722
September	15.4750	15.3750	15.4169
October	15.4100	15.3500	15.3878
November	15.4500	15.2500	15.3641
December	15.4000	15.3500	15.3729