2023 MVR to AUD Historical Review

YEARLY HIGH

0.1034 AUD

YEARLY LOW

0.0910 AUD

YEARLY AVERAGE

0.0980 AUD

2023 MVR to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 0.1034. Conversely, the yearly low was recorded on January 27, dropping to 0.0910.

This high-to-low spread represents a total annual volatility of 0.0124 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0934 to the December average rate of 0.0971, the exchange rate registered a net change of 3.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1034 was down 0.88% compared to the 2022 peak of 0.1044, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 517 AUD

2022 Average 468 AUD

Yearly Trough Low 455 AUD

Transaction Impact: A difference of 62.03 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1033

0.0925

JanuMarcMayJulySeptNove

MVR to AUD 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 0.0963, compared to 0.0996 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.0963

H2 Avg (Jul–Dec) 0.0996

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0058 AUD (High: 0.0969 / Low: 0.0911). On the other end, September was the most stable month, with a tight range of 0.0015 AUD (High: 0.1019 / Low: 0.1005).

February Spread (Volatile) ±0.0058

September Spread (Stable) ±0.0015

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 November and December, when the average rate fell by 0.0031 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1024) against the same month in 2022 (average: 0.1018), the exchange rate shifted by +0.0005 (+0.53%).

2023 Avg (October) 0.1024

2022 Avg (October) 0.1018

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0965	0.0910	0.0934
February	0.0969	0.0911	0.0946
March	0.0990	0.0961	0.0974
April	0.0985	0.0959	0.0974
May	0.1005	0.0960	0.0981
June	0.0994	0.0947	0.0970
July	0.0981	0.0942	0.0967
August	0.1020	0.0984	0.1004
September	0.1019	0.1005	0.1010
October	0.1034	0.1009	0.1024
November	0.1028	0.0979	0.1001
December	0.0994	0.0949	0.0971