YEARLY HIGH
0.0352 MVR
YEARLY LOW
0.0327 MVR
YEARLY AVERAGE
0.0337 MVR

2023 KMF to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0352. Conversely, the yearly low was recorded on October 3, dropping to 0.0327.

This high-to-low spread represents a total annual volatility of 0.0025 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0337 to the December average rate of 0.0341, the exchange rate registered a net change of 1.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0352 was down 2.19% compared to the 2022 peak of 0.0360, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 176 MVR
2022 Average 165 MVR
Yearly Trough Low 164 MVR
Transaction Impact: A difference of 12.50 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0347
0.0329
JanuMarcMayJulySeptNove

KMF 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 0.0337, compared to 0.0338 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) 0.0337
H2 Avg (Jul–Dec) 0.0338

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0014 MVR (High: 0.0343 / Low: 0.0329). On the other end, August was the most stable month, with a tight range of 0.0005 MVR (High: 0.0343 / Low: 0.0338).

November Spread (Volatile) ±0.0014
August Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0345) against the same month in 2022 (average: 0.0326), the exchange rate shifted by +0.0019 (+5.90%).

2023 Avg (July) 0.0345
2022 Avg (July) 0.0326

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0341 0.0329 0.0337
February 0.0340 0.0329 0.0334
March 0.0341 0.0328 0.0334
April 0.0345 0.0338 0.0342
May 0.0344 0.0332 0.0339
June 0.0342 0.0332 0.0337
July 0.0352 0.0339 0.0345
August 0.0343 0.0338 0.0341
September 0.0338 0.0329 0.0334
October 0.0332 0.0327 0.0330
November 0.0343 0.0329 0.0337
December 0.0347 0.0335 0.0341