2023 KZT to MVR Historical Review

YEARLY HIGH

0.0356 MVR

YEARLY LOW

0.0321 MVR

YEARLY AVERAGE

0.0337 MVR

2023 KZT to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 0.0356. Conversely, the yearly low was recorded on October 1, dropping to 0.0321.

This high-to-low spread represents a total annual volatility of 0.0035 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0333 to the December average rate of 0.0335, the exchange rate registered a net change of 0.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0356 was down 4.28% compared to the 2022 peak of 0.0372, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 178 MVR

2022 Average 167 MVR

Yearly Trough Low 160 MVR

Transaction Impact: A difference of 17.69 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0348

0.0321

JanuMarcMayJulySeptNove

KZT 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 0.0340, compared to 0.0334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0340

H2 Avg (Jul–Dec) 0.0334

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0026 MVR (High: 0.0356 / Low: 0.0330). On the other end, January was the most stable month, with a tight range of 0.0003 MVR (High: 0.0334 / Low: 0.0331).

March Spread (Volatile) ±0.0026

January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and March, 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 0.0010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0341) against the same month in 2022 (average: 0.0307), the exchange rate shifted by +0.0034 (+11.12%).

2023 Avg (March) 0.0341

2022 Avg (March) 0.0307

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0334	0.0331	0.0333
February	0.0345	0.0332	0.0340
March	0.0356	0.0330	0.0341
April	0.0347	0.0335	0.0340
May	0.0347	0.0340	0.0344
June	0.0346	0.0337	0.0342
July	0.0348	0.0339	0.0345
August	0.0347	0.0331	0.0339
September	0.0337	0.0322	0.0329
October	0.0328	0.0321	0.0323
November	0.0337	0.0326	0.0332
December	0.0338	0.0332	0.0335