2023 MVR to DJF Historical Review

YEARLY HIGH

11.7058 DJF

YEARLY LOW

11.3999 DJF

YEARLY AVERAGE

11.5698 DJF

2023 MVR to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 11.7058. Conversely, the yearly low was recorded on March 18, dropping to 11.3999.

This high-to-low spread represents a total annual volatility of 0.3059 DJF. From a start-to-finish perspective, comparing the January average rate of 11.5540 to the December average rate of 11.5851, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.7058 was up 0.27% compared to the 2022 peak of 11.6748, 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 58,529 DJF

2022 Average 57,712 DJF

Yearly Trough Low 56,999 DJF

Transaction Impact: A difference of 1,529.50 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.6047

11.5415

JanuMarcMayJulySeptNove

MVR to DJF 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 11.5762, compared to 11.5634 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 11.5762

H2 Avg (Jul–Dec) 11.5634

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.2176 DJF (High: 11.7058 / Low: 11.4882). On the other end, January was the most stable month, with a tight range of 0.0853 DJF (High: 11.5958 / Low: 11.5105).

February Spread (Volatile) ±0.2176

January Spread (Stable) ±0.0853

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 June and July, when the average rate fell by 0.0444 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0444

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 11.5923) against the same month in 2022 (average: 11.5166), the exchange rate shifted by +0.0757 (+0.66%).

2023 Avg (February) 11.5923

2022 Avg (February) 11.5166

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.5958	11.5105	11.5540
February	11.7058	11.4882	11.5923
March	11.5991	11.3999	11.5549
April	11.6073	11.4392	11.5662
May	11.6606	11.5556	11.5902
June	11.6396	11.5200	11.5994
July	11.6152	11.4664	11.5550
August	11.6612	11.5133	11.5733
September	11.6234	11.5025	11.5468
October	11.6253	11.5104	11.5585
November	11.6631	11.4555	11.5620
December	11.6612	11.5260	11.5851