YEARLY HIGH
0.0614 CHF
YEARLY LOW
0.0546 CHF
YEARLY AVERAGE
0.0585 CHF

2023 MVR to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0614. Conversely, the yearly low was recorded on December 30, dropping to 0.0546.

This high-to-low spread represents a total annual volatility of 0.0068 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0601 to the December average rate of 0.0562, the exchange rate registered a net change of -6.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0614 was down 6.59% compared to the 2022 peak of 0.0657, 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 307 CHF
2022 Average 310 CHF
Yearly Trough Low 273 CHF
Transaction Impact: A difference of 33.93 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0608
0.0558
JanuMarcMayJulySeptNove

MVR to CHF 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 0.0594, compared to 0.0575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0594
H2 Avg (Jul–Dec) 0.0575

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0028 CHF (High: 0.0585 / Low: 0.0557). On the other end, August was the most stable month, with a tight range of 0.0007 CHF (High: 0.0575 / Low: 0.0568).

July Spread (Volatile) ±0.0028
August Spread (Stable) ±0.0007

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 November and December, when the average rate fell by 0.0018 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0602) against the same month in 2022 (average: 0.0602), the exchange rate shifted by +0.0000 (+0.04%).

2023 Avg (March) 0.0602
2022 Avg (March) 0.0602

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0608 0.0595 0.0601
February 0.0613 0.0591 0.0604
March 0.0614 0.0593 0.0602
April 0.0598 0.0578 0.0585
May 0.0595 0.0575 0.0585
June 0.0593 0.0581 0.0587
July 0.0585 0.0557 0.0569
August 0.0575 0.0568 0.0572
September 0.0596 0.0575 0.0583
October 0.0598 0.0579 0.0587
November 0.0591 0.0569 0.0580
December 0.0573 0.0546 0.0562