2023 DJF to MVR Historical Review

YEARLY HIGH

0.0877 MVR

YEARLY LOW

0.0854 MVR

YEARLY AVERAGE

0.0864 MVR

2023 DJF to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0877. Conversely, the yearly low was recorded on February 5, dropping to 0.0854.

This high-to-low spread represents a total annual volatility of 0.0023 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0866 to the December average rate of 0.0863, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0877 was down 0.70% compared to the 2022 peak of 0.0883, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 439 MVR

2022 Average 433 MVR

Yearly Trough Low 427 MVR

Transaction Impact: A difference of 11.46 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0866

0.0862

JanuMarcMayJulySeptNove

DJF 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 0.0864, compared to 0.0865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0864

H2 Avg (Jul–Dec) 0.0865

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0016 MVR (High: 0.0870 / Low: 0.0854). On the other end, January was the most stable month, with a tight range of 0.0006 MVR (High: 0.0869 / Low: 0.0862).

February Spread (Volatile) ±0.0016

January Spread (Stable) ±0.0006

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 0.0003 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0865) against the same month in 2022 (average: 0.0867), the exchange rate shifted by -0.0002 (-0.21%).

2023 Avg (March) 0.0865

2022 Avg (March) 0.0867

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0869	0.0862	0.0866
February	0.0870	0.0854	0.0863
March	0.0877	0.0862	0.0865
April	0.0874	0.0862	0.0865
May	0.0865	0.0858	0.0863
June	0.0868	0.0859	0.0862
July	0.0872	0.0861	0.0865
August	0.0869	0.0858	0.0864
September	0.0869	0.0860	0.0866
October	0.0869	0.0860	0.0865
November	0.0873	0.0857	0.0865
December	0.0868	0.0858	0.0863