2023 MVR to BND Historical Review

YEARLY HIGH

0.0894 BND

YEARLY LOW

0.0851 BND

YEARLY AVERAGE

0.0873 BND

2023 MVR to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 0.0894. Conversely, the yearly low was recorded on February 2, dropping to 0.0851.

This high-to-low spread represents a total annual volatility of 0.0043 BND. From a start-to-finish perspective, comparing the January average rate of 0.0863 to the December average rate of 0.0867, the exchange rate registered a net change of 0.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0894 was down 4.63% compared to the 2022 peak of 0.0938, 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 447 BND

2022 Average 447 BND

Yearly Trough Low 425 BND

Transaction Impact: A difference of 21.71 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0892

0.0860

JanuMarcMayJulySeptNove

MVR to BND 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 0.0870, compared to 0.0877 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0870

H2 Avg (Jul–Dec) 0.0877

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0032 BND (High: 0.0887 / Low: 0.0855). On the other end, October was the most stable month, with a tight range of 0.0011 BND (High: 0.0894 / Low: 0.0883).

July Spread (Volatile) ±0.0032

October Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0889) against the same month in 2022 (average: 0.0924), the exchange rate shifted by -0.0034 (-3.72%).

2023 Avg (October) 0.0889

2022 Avg (October) 0.0924

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0876	0.0854	0.0863
February	0.0878	0.0851	0.0867
March	0.0882	0.0860	0.0871
April	0.0871	0.0859	0.0866
May	0.0885	0.0863	0.0873
June	0.0887	0.0870	0.0877
July	0.0887	0.0855	0.0868
August	0.0885	0.0869	0.0879
September	0.0890	0.0877	0.0884
October	0.0894	0.0883	0.0889
November	0.0892	0.0866	0.0878
December	0.0875	0.0857	0.0867