2023 MVR to BOB Historical Review

YEARLY HIGH

0.4544 BOB

YEARLY LOW

0.4424 BOB

YEARLY AVERAGE

0.4494 BOB

2023 MVR to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.4544. Conversely, the yearly low was recorded on March 19, dropping to 0.4424.

This high-to-low spread represents a total annual volatility of 0.0119 BOB. From a start-to-finish perspective, comparing the January average rate of 0.4492 to the December average rate of 0.4500, the exchange rate registered a net change of 0.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4544 was up 0.21% compared to the 2022 peak of 0.4534, 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 2,272 BOB

2022 Average 2,235 BOB

Yearly Trough Low 2,212 BOB

Transaction Impact: A difference of 59.67 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4505

0.4479

JanuMarcMayJulySeptNove

MVR to BOB 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 0.4497, compared to 0.4491 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.4497

H2 Avg (Jul–Dec) 0.4491

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0097 BOB (High: 0.4535 / Low: 0.4439). On the other end, December was the most stable month, with a tight range of 0.0031 BOB (High: 0.4516 / Low: 0.4485).

November Spread (Volatile) ±0.0097

December Spread (Stable) ±0.0031

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 0.0014 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.4501) against the same month in 2022 (average: 0.4455), the exchange rate shifted by +0.0046 (+1.04%).

2023 Avg (February) 0.4501

2022 Avg (February) 0.4455

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4506	0.4472	0.4492
February	0.4544	0.4473	0.4501
March	0.4518	0.4424	0.4488
April	0.4517	0.4468	0.4499
May	0.4525	0.4485	0.4501
June	0.4519	0.4486	0.4503
July	0.4521	0.4445	0.4490
August	0.4516	0.4470	0.4495
September	0.4497	0.4463	0.4481
October	0.4511	0.4467	0.4487
November	0.4535	0.4439	0.4492
December	0.4516	0.4485	0.4500