2023 MVR to AMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 MVR to AMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the MVR to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 27.7881. Conversely, the yearly low was recorded on March 18, dropping to 24.8525.
This high-to-low spread represents a total annual volatility of 2.9356 AMD. From a start-to-finish perspective, comparing the January average rate of 25.7107 to the December average rate of 26.3064, the exchange rate registered a net change of 2.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 27.7881 was down 17.23% compared to the 2022 peak of 33.5743, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
MVR to AMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 25.3799, compared to 25.6858 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3059 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 2.0574 AMD (High: 27.7881 / Low: 25.7307). On the other end, May was the most stable month, with a tight range of 0.2126 AMD (High: 25.3029 / Low: 25.0903).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.4164 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 26.2547) against the same month in 2022 (average: 26.1453), the exchange rate shifted by +0.1093 (+0.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.8143 | 25.4508 | 25.7107 |
| February | 26.0466 | 25.3335 | 25.6658 |
| March | 25.4037 | 24.8525 | 25.2494 |
| April | 25.4731 | 24.9818 | 25.2803 |
| May | 25.3029 | 25.0903 | 25.1926 |
| June | 25.2989 | 25.0098 | 25.1804 |
| July | 25.3700 | 24.9373 | 25.1961 |
| August | 25.3465 | 25.0448 | 25.1396 |
| September | 25.7863 | 24.8644 | 25.0621 |
| October | 27.7881 | 25.7307 | 26.2547 |
| November | 26.4255 | 25.8872 | 26.1560 |
| December | 26.4319 | 26.2052 | 26.3064 |