2023 MVR to GBP Historical Review

YEARLY HIGH

0.0551 GBP

YEARLY LOW

0.0494 GBP

YEARLY AVERAGE

0.0523 GBP

2023 MVR to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0551. Conversely, the yearly low was recorded on July 13, dropping to 0.0494.

This high-to-low spread represents a total annual volatility of 0.0057 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0531 to the December average rate of 0.0514, the exchange rate registered a net change of -3.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0551 was down 8.66% compared to the 2022 peak of 0.0603, 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 275 GBP

2022 Average 263 GBP

Yearly Trough Low 247 GBP

Transaction Impact: A difference of 28.27 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0543

0.0502

JanuMarcMayJulySeptNove

MVR to GBP 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 0.0528, compared to 0.0519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0528

H2 Avg (Jul–Dec) 0.0519

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0027 GBP (High: 0.0551 / Low: 0.0524). On the other end, August was the most stable month, with a tight range of 0.0007 GBP (High: 0.0516 / Low: 0.0509).

March Spread (Volatile) ±0.0027

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 March and April, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0536) against the same month in 2022 (average: 0.0492), the exchange rate shifted by +0.0044 (+8.97%).

2023 Avg (March) 0.0536

2022 Avg (March) 0.0492

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0545	0.0524	0.0531
February	0.0546	0.0526	0.0540
March	0.0551	0.0524	0.0536
April	0.0530	0.0518	0.0523
May	0.0529	0.0515	0.0522
June	0.0524	0.0508	0.0516
July	0.0515	0.0494	0.0505
August	0.0516	0.0509	0.0512
September	0.0533	0.0514	0.0524
October	0.0539	0.0527	0.0534
November	0.0534	0.0512	0.0524
December	0.0519	0.0508	0.0514