2023 MVR to KMF Historical Review

YEARLY HIGH

30.5747 KMF

YEARLY LOW

28.4040 KMF

YEARLY AVERAGE

29.6366 KMF

2023 MVR to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 30.5747. Conversely, the yearly low was recorded on July 17, dropping to 28.4040.

This high-to-low spread represents a total annual volatility of 2.1707 KMF. From a start-to-finish perspective, comparing the January average rate of 29.7087 to the December average rate of 29.3468, the exchange rate registered a net change of -1.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 30.5747 was down 7.90% compared to the 2022 peak of 33.1970, 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 152,873 KMF

2022 Average 151,547 KMF

Yearly Trough Low 142,020 KMF

Transaction Impact: A difference of 10,853.64 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

30.4317

28.8456

JanuMarcMayJulySeptNove

MVR to KMF 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 29.6750, compared to 29.5983 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0767 points.

H1 Avg (Jan–Jun) 29.6750

H2 Avg (Jul–Dec) 29.5983

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.2380 KMF (High: 30.3804 / Low: 29.1424). On the other end, August was the most stable month, with a tight range of 0.3931 KMF (High: 29.5793 / Low: 29.1862).

November Spread (Volatile) ±1.2380

August Spread (Stable) ±0.3931

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 0.7305 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7305

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 30.2995) against the same month in 2022 (average: 32.4039), the exchange rate shifted by -2.1044 (-6.49%).

2023 Avg (October) 30.2995

2022 Avg (October) 32.4039

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.3731	29.3575	29.7087
February	30.4170	29.3782	29.9695
March	30.4596	29.3393	29.9608
April	29.5896	29.0039	29.2302
May	30.1536	29.0326	29.5368
June	30.1536	29.2594	29.6439
July	29.4831	28.4040	28.9778
August	29.5793	29.1862	29.3676
September	30.3688	29.5455	29.8971
October	30.5747	30.1071	30.2995
November	30.3804	29.1424	29.7011
December	29.8274	28.8582	29.3468