2023 GMD to MVR Historical Review

YEARLY HIGH

0.2590 MVR

YEARLY LOW

0.2272 MVR

YEARLY AVERAGE

0.2472 MVR

2023 GMD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 0.2590. Conversely, the yearly low was recorded on November 13, dropping to 0.2272.

This high-to-low spread represents a total annual volatility of 0.0318 MVR. From a start-to-finish perspective, comparing the January average rate of 0.2480 to the December average rate of 0.2282, the exchange rate registered a net change of -7.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2590 was down 11.85% compared to the 2022 peak of 0.2938, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,295 MVR

2022 Average 1,396 MVR

Yearly Trough Low 1,136 MVR

Transaction Impact: A difference of 159.17 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2609

0.2253

JanuMarcMayJulySeptNove

GMD 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 0.2521, compared to 0.2423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0099 points.

H1 Avg (Jan–Jun) 0.2521

H2 Avg (Jul–Dec) 0.2423

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0185 MVR (High: 0.2555 / Low: 0.2370). On the other end, December was the most stable month, with a tight range of 0.0021 MVR (High: 0.2299 / Low: 0.2278).

September Spread (Volatile) ±0.0185

December Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between April and June, 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 September and October, when the average rate fell by 0.0151 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.2580) against the same month in 2022 (average: 0.2850), the exchange rate shifted by -0.0270 (-9.49%).

2023 Avg (June) 0.2580

2022 Avg (June) 0.2850

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2509	0.2460	0.2480
February	0.2518	0.2494	0.2513
March	0.2516	0.2477	0.2505
April	0.2562	0.2464	0.2483
May	0.2579	0.2550	0.2567
June	0.2590	0.2565	0.2580
July	0.2585	0.2558	0.2578
August	0.2547	0.2526	0.2537
September	0.2555	0.2370	0.2496
October	0.2384	0.2331	0.2345
November	0.2374	0.2272	0.2297
December	0.2299	0.2278	0.2282