YEARLY HIGH
0.0172 MVR
YEARLY LOW
0.0169 MVR
YEARLY AVERAGE
0.0171 MVR

2023 KPW to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KPW to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 0.0172. Conversely, the yearly low was recorded on November 13, dropping to 0.0169.

This high-to-low spread represents a total annual volatility of 0.0002 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0171 to the December average rate of 0.0171, the exchange rate registered a net change of -0.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0172 was down 2.43% compared to the 2022 peak of 0.0176, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 86 MVR
2022 Average 86 MVR
Yearly Trough Low 85 MVR
Transaction Impact: A difference of 1.25 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0171
0.0170
JanuMarcMayJulySeptNove

KPW 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 0.0171, compared to 0.0171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0171
H2 Avg (Jul–Dec) 0.0171

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0002 MVR (High: 0.0172 / Low: 0.0169). On the other end, February was the most stable month, with a tight range of 0.0000 MVR (High: 0.0171 / Low: 0.0170).

November Spread (Volatile) ±0.0002
February Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0171) against the same month in 2022 (average: 0.0172), the exchange rate shifted by -0.0000 (-0.17%).

2023 Avg (September) 0.0171
2022 Avg (September) 0.0172

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0171 0.0170 0.0171
February 0.0171 0.0170 0.0171
March 0.0171 0.0170 0.0171
April 0.0171 0.0171 0.0171
May 0.0171 0.0170 0.0171
June 0.0171 0.0170 0.0170
July 0.0171 0.0170 0.0171
August 0.0171 0.0170 0.0171
September 0.0172 0.0171 0.0171
October 0.0171 0.0171 0.0171
November 0.0172 0.0169 0.0171
December 0.0171 0.0171 0.0171