YEARLY HIGH
0.8903 MVR
YEARLY LOW
0.8014 MVR
YEARLY AVERAGE
0.8497 MVR

2023 MDL to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.8903. Conversely, the yearly low was recorded on January 8, dropping to 0.8014.

This high-to-low spread represents a total annual volatility of 0.0889 MVR. From a start-to-finish perspective, comparing the January average rate of 0.8101 to the December average rate of 0.8732, the exchange rate registered a net change of 7.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8903 was up 2.35% compared to the 2022 peak of 0.8698, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,451 MVR
2022 Average 4,090 MVR
Yearly Trough Low 4,007 MVR
Transaction Impact: A difference of 444.38 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8796
0.8038
JanuMarcMayJulySeptNove

MDL 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 0.8378, compared to 0.8616 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0238 points.

H1 Avg (Jan–Jun) 0.8378
H2 Avg (Jul–Dec) 0.8616

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0521 MVR (High: 0.8887 / Low: 0.8366). On the other end, February was the most stable month, with a tight range of 0.0135 MVR (High: 0.8249 / Low: 0.8115).

July Spread (Volatile) ±0.0521
February Spread (Stable) ±0.0135

Growth Streaks & Declines

Trends

Between January and May, 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 August and September, when the average rate fell by 0.0118 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.8732) against the same month in 2022 (average: 0.7954), the exchange rate shifted by +0.0778 (+9.78%).

2023 Avg (December) 0.8732
2022 Avg (December) 0.7954

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8208 0.8014 0.8101
February 0.8249 0.8115 0.8179
March 0.8420 0.8130 0.8264
April 0.8602 0.8387 0.8514
May 0.8699 0.8561 0.8637
June 0.8652 0.8366 0.8573
July 0.8887 0.8366 0.8595
August 0.8800 0.8627 0.8696
September 0.8661 0.8420 0.8578
October 0.8542 0.8401 0.8487
November 0.8704 0.8488 0.8609
December 0.8903 0.8572 0.8732