YEARLY HIGH
0.0102 MVR
YEARLY LOW
0.0010 MVR
YEARLY AVERAGE
0.0019 MVR

2023 LBP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0102. Conversely, the yearly low was recorded on February 6, dropping to 0.0010.

This high-to-low spread represents a total annual volatility of 0.0092 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0101 to the December average rate of 0.0010, the exchange rate registered a net change of -89.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0102 was down 3.97% compared to the 2022 peak of 0.0106, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 51 MVR
2022 Average 51 MVR
Yearly Trough Low 5 MVR
Transaction Impact: A difference of 46.11 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0111
0.0001
JanuMarcMayJulySeptNove

LBP 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 0.0028, compared to 0.0010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0028
H2 Avg (Jul–Dec) 0.0010

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0092 MVR (High: 0.0102 / Low: 0.0010). On the other end, December was the most stable month, with a tight range of 0.0000 MVR (High: 0.0010 / Low: 0.0010).

February Spread (Volatile) ±0.0092
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0075 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0101) against the same month in 2022 (average: 0.0102), the exchange rate shifted by -0.0001 (-0.70%).

2023 Avg (January) 0.0101
2022 Avg (January) 0.0102

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0102 0.0101 0.0101
February 0.0102 0.0010 0.0026
March 0.0010 0.0010 0.0010
April 0.0010 0.0010 0.0010
May 0.0010 0.0010 0.0010
June 0.0010 0.0010 0.0010
July 0.0010 0.0010 0.0010
August 0.0010 0.0010 0.0010
September 0.0010 0.0010 0.0010
October 0.0010 0.0010 0.0010
November 0.0010 0.0010 0.0010
December 0.0010 0.0010 0.0010