2023 MVR to BRL Historical Review

YEARLY HIGH

0.3556 BRL

YEARLY LOW

0.3078 BRL

YEARLY AVERAGE

0.3249 BRL

2023 MVR to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.3556. Conversely, the yearly low was recorded on July 30, dropping to 0.3078.

This high-to-low spread represents a total annual volatility of 0.0478 BRL. From a start-to-finish perspective, comparing the January average rate of 0.3372 to the December average rate of 0.3186, the exchange rate registered a net change of -5.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3556 was down 3.78% compared to the 2022 peak of 0.3695, 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 1,778 BRL

2022 Average 1,674 BRL

Yearly Trough Low 1,539 BRL

Transaction Impact: A difference of 238.88 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3416

0.3094

JanuMarcMayJulySeptNove

MVR to BRL 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 0.3301, compared to 0.3198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0103 points.

H1 Avg (Jan–Jun) 0.3301

H2 Avg (Jul–Dec) 0.3198

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0255 BRL (High: 0.3556 / Low: 0.3301). On the other end, November was the most stable month, with a tight range of 0.0080 BRL (High: 0.3222 / Low: 0.3141).

January Spread (Volatile) ±0.0255

November Spread (Stable) ±0.0080

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 March and April, when the average rate fell by 0.0124 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3372) against the same month in 2022 (average: 0.3575), the exchange rate shifted by -0.0203 (-5.67%).

2023 Avg (January) 0.3372

2022 Avg (January) 0.3575

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3556	0.3301	0.3372
February	0.3445	0.3290	0.3373
March	0.3454	0.3286	0.3389
April	0.3307	0.3199	0.3265
May	0.3305	0.3185	0.3243
June	0.3278	0.3104	0.3163
July	0.3199	0.3078	0.3121
August	0.3249	0.3121	0.3193
September	0.3268	0.3152	0.3208
October	0.3356	0.3238	0.3290
November	0.3222	0.3141	0.3190
December	0.3231	0.3127	0.3186