2023 KGS to MVR Historical Review

YEARLY HIGH

0.1833 MVR

YEARLY LOW

0.1707 MVR

YEARLY AVERAGE

0.1750 MVR

2023 KGS to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.1833. Conversely, the yearly low was recorded on November 13, dropping to 0.1707.

This high-to-low spread represents a total annual volatility of 0.0126 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1798 to the December average rate of 0.1725, the exchange rate registered a net change of -4.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1833 was down 8.12% compared to the 2022 peak of 0.1995, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 916 MVR

2022 Average 918 MVR

Yearly Trough Low 854 MVR

Transaction Impact: A difference of 62.79 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1805

0.1716

JanuMarcMayJulySeptNove

KGS 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 0.1764, compared to 0.1736 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.1764

H2 Avg (Jul–Dec) 0.1736

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0051 MVR (High: 0.1833 / Low: 0.1782). On the other end, April was the most stable month, with a tight range of 0.0009 MVR (High: 0.1763 / Low: 0.1754).

January Spread (Volatile) ±0.0051

April Spread (Stable) ±0.0009

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 0.0032 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1798) against the same month in 2022 (average: 0.1822), the exchange rate shifted by -0.0024 (-1.33%).

2023 Avg (January) 0.1798

2022 Avg (January) 0.1822

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1833	0.1782	0.1798
February	0.1783	0.1756	0.1766
March	0.1764	0.1755	0.1759
April	0.1763	0.1754	0.1756
May	0.1759	0.1747	0.1754
June	0.1759	0.1747	0.1754
July	0.1763	0.1747	0.1753
August	0.1750	0.1737	0.1745
September	0.1751	0.1733	0.1741
October	0.1737	0.1719	0.1727
November	0.1734	0.1707	0.1723
December	0.1733	0.1719	0.1725