2023 LRD to MVR Historical Review

YEARLY HIGH

0.0999 MVR

YEARLY LOW

0.0812 MVR

YEARLY AVERAGE

0.0885 MVR

2023 LRD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.0999. Conversely, the yearly low was recorded on November 13, dropping to 0.0812.

This high-to-low spread represents a total annual volatility of 0.0187 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0990 to the December average rate of 0.0817, the exchange rate registered a net change of -17.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0999 was down 5.87% compared to the 2022 peak of 0.1061, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 499 MVR

2022 Average 505 MVR

Yearly Trough Low 406 MVR

Transaction Impact: A difference of 93.30 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1008

0.0799

JanuMarcMayJulySeptNove

LRD 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 0.0946, compared to 0.0825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0121 points.

H1 Avg (Jan–Jun) 0.0946

H2 Avg (Jul–Dec) 0.0825

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0056 MVR (High: 0.0906 / Low: 0.0850). On the other end, October was the most stable month, with a tight range of 0.0005 MVR (High: 0.0826 / Low: 0.0820).

June Spread (Volatile) ±0.0056

October Spread (Stable) ±0.0005

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 June and July, when the average rate fell by 0.0042 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0981) against the same month in 2022 (average: 0.1005), the exchange rate shifted by -0.0024 (-2.37%).

2023 Avg (February) 0.0981

2022 Avg (February) 0.1005

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0998	0.0980	0.0990
February	0.0999	0.0966	0.0981
March	0.0998	0.0949	0.0964
April	0.0949	0.0930	0.0942
May	0.0929	0.0905	0.0919
June	0.0906	0.0850	0.0879
July	0.0852	0.0823	0.0837
August	0.0828	0.0822	0.0825
September	0.0830	0.0824	0.0827
October	0.0826	0.0820	0.0823
November	0.0823	0.0812	0.0818
December	0.0821	0.0815	0.0817