YEARLY HIGH
0.1180 AWG
YEARLY LOW
0.1148 AWG
YEARLY AVERAGE
0.1172 AWG

2023 MVR to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.1180. Conversely, the yearly low was recorded on November 23, dropping to 0.1148.

This high-to-low spread represents a total annual volatility of 0.0032 AWG. From a start-to-finish perspective, comparing the January average rate of 0.1171 to the December average rate of 0.1172, the exchange rate registered a net change of 0.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1180 was up 0.03% compared to the 2022 peak of 0.1180, 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 590 AWG
2022 Average 584 AWG
Yearly Trough Low 574 AWG
Transaction Impact: A difference of 16.14 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1175
0.1167
JanuMarcMayJulySeptNove

MVR to AWG 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 0.1173, compared to 0.1171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1173
H2 Avg (Jul–Dec) 0.1171

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0032 AWG (High: 0.1180 / Low: 0.1148). On the other end, February was the most stable month, with a tight range of 0.0002 AWG (High: 0.1174 / Low: 0.1172).

November Spread (Volatile) ±0.0032
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1170) against the same month in 2022 (average: 0.1170), the exchange rate shifted by +0.0000 (+0.00%).

2023 Avg (November) 0.1170
2022 Avg (November) 0.1170

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1174 0.1168 0.1171
February 0.1174 0.1172 0.1173
March 0.1174 0.1167 0.1171
April 0.1174 0.1168 0.1173
May 0.1178 0.1172 0.1174
June 0.1178 0.1172 0.1174
July 0.1177 0.1169 0.1172
August 0.1176 0.1169 0.1172
September 0.1172 0.1163 0.1168
October 0.1174 0.1168 0.1170
November 0.1180 0.1148 0.1170
December 0.1174 0.1169 0.1172