YEARLY HIGH
0.0076 MVR
YEARLY LOW
0.0055 MVR
YEARLY AVERAGE
0.0066 MVR

2023 CDF to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0076. Conversely, the yearly low was recorded on December 21, dropping to 0.0055.

This high-to-low spread represents a total annual volatility of 0.0021 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0075 to the December average rate of 0.0056, the exchange rate registered a net change of -24.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0076 was down 3.66% compared to the 2022 peak of 0.0079, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 38 MVR
2022 Average 38 MVR
Yearly Trough Low 27 MVR
Transaction Impact: A difference of 10.53 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0077
0.0055
JanuMarcMayJulySeptNove

CDF 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 0.0072, compared to 0.0061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0072
H2 Avg (Jul–Dec) 0.0061

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0010 MVR (High: 0.0075 / Low: 0.0066). On the other end, September was the most stable month, with a tight range of 0.0001 MVR (High: 0.0063 / Low: 0.0062).

May Spread (Volatile) ±0.0010
September Spread (Stable) ±0.0001

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 0.0005 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0075) against the same month in 2022 (average: 0.0077), the exchange rate shifted by -0.0002 (-2.53%).

2023 Avg (January) 0.0075
2022 Avg (January) 0.0077

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0076 0.0074 0.0075
February 0.0075 0.0074 0.0074
March 0.0075 0.0074 0.0074
April 0.0075 0.0070 0.0074
May 0.0075 0.0066 0.0070
June 0.0066 0.0064 0.0065
July 0.0064 0.0060 0.0062
August 0.0063 0.0062 0.0062
September 0.0063 0.0062 0.0062
October 0.0062 0.0059 0.0061
November 0.0063 0.0056 0.0060
December 0.0058 0.0055 0.0056