2023 HTG to MVR Historical Review

YEARLY HIGH

0.1172 MVR

YEARLY LOW

0.0984 MVR

YEARLY AVERAGE

0.1089 MVR

2023 HTG to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.1172. Conversely, the yearly low was recorded on April 18, dropping to 0.0984.

This high-to-low spread represents a total annual volatility of 0.0188 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1036 to the December average rate of 0.1163, the exchange rate registered a net change of 12.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1172 was down 25.11% compared to the 2022 peak of 0.1564, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 586 MVR

2022 Average 664 MVR

Yearly Trough Low 492 MVR

Transaction Impact: A difference of 94.04 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1180

0.0973

JanuMarcMayJulySeptNove

HTG 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 0.1035, compared to 0.1143 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0108 points.

H1 Avg (Jan–Jun) 0.1035

H2 Avg (Jul–Dec) 0.1143

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0101 MVR (High: 0.1093 / Low: 0.0992). On the other end, December was the most stable month, with a tight range of 0.0009 MVR (High: 0.1168 / Low: 0.1159).

May Spread (Volatile) ±0.0101

December Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0021 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1160) against the same month in 2022 (average: 0.1140), the exchange rate shifted by +0.0019 (+1.69%).

2023 Avg (November) 0.1160

2022 Avg (November) 0.1140

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1044	0.1027	0.1036
February	0.1031	0.1013	0.1022
March	0.1018	0.0987	0.1001
April	0.1011	0.0984	0.0991
May	0.1093	0.0992	0.1056
June	0.1112	0.1088	0.1102
July	0.1128	0.1105	0.1117
August	0.1137	0.1121	0.1129
September	0.1149	0.1133	0.1140
October	0.1159	0.1130	0.1149
November	0.1172	0.1148	0.1160
December	0.1168	0.1159	0.1163