2023 MVR to BBD Historical Review

YEARLY HIGH

0.1311 BBD

YEARLY LOW

0.1292 BBD

YEARLY AVERAGE

0.1301 BBD

2023 MVR to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.1311. Conversely, the yearly low was recorded on September 28, dropping to 0.1292.

This high-to-low spread represents a total annual volatility of 0.0019 BBD. From a start-to-finish perspective, comparing the January average rate of 0.1300 to the December average rate of 0.1301, 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 0.1311 was up 0.16% compared to the 2022 peak of 0.1309, 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 656 BBD

2022 Average 648 BBD

Yearly Trough Low 646 BBD

Transaction Impact: A difference of 9.53 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1304

0.1297

JanuMarcMayJulySeptNove

MVR to BBD 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 0.1302, compared to 0.1300 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) 0.1302

H2 Avg (Jul–Dec) 0.1300

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0017 BBD (High: 0.1311 / Low: 0.1294). On the other end, February was the most stable month, with a tight range of 0.0002 BBD (High: 0.1304 / Low: 0.1302).

November Spread (Volatile) ±0.0017

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: 0.1302) against the same month in 2022 (average: 0.1299), the exchange rate shifted by +0.0003 (+0.25%).

2023 Avg (November) 0.1302

2022 Avg (November) 0.1299

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1304	0.1298	0.1300
February	0.1304	0.1302	0.1303
March	0.1304	0.1297	0.1301
April	0.1303	0.1298	0.1302
May	0.1307	0.1302	0.1303
June	0.1307	0.1302	0.1304
July	0.1306	0.1298	0.1301
August	0.1305	0.1299	0.1301
September	0.1301	0.1292	0.1297
October	0.1303	0.1298	0.1300
November	0.1311	0.1294	0.1302
December	0.1303	0.1299	0.1301