2023 MVR to KZT Historical Review

YEARLY HIGH

31.1915 KZT

YEARLY LOW

28.0920 KZT

YEARLY AVERAGE

29.6947 KZT

2023 MVR to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 31.1915. Conversely, the yearly low was recorded on March 5, dropping to 28.0920.

This high-to-low spread represents a total annual volatility of 3.0995 KZT. From a start-to-finish perspective, comparing the January average rate of 30.0675 to the December average rate of 29.8686, the exchange rate registered a net change of -0.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 31.1915 was down 8.07% compared to the 2022 peak of 33.9293, 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 155,957 KZT

2022 Average 149,682 KZT

Yearly Trough Low 140,460 KZT

Transaction Impact: A difference of 15,497.33 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

31.1623

28.7468

JanuMarcMayJulySeptNove

MVR to KZT 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 29.4231, compared to 29.9664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5433 points.

H1 Avg (Jan–Jun) 29.4231

H2 Avg (Jul–Dec) 29.9664

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 2.1987 KZT (High: 30.2908 / Low: 28.0920). On the other end, January was the most stable month, with a tight range of 0.3162 KZT (High: 30.2252 / Low: 29.9090).

March Spread (Volatile) ±2.1987

January Spread (Stable) ±0.3162

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 October and November, when the average rate fell by 0.8147 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 30.9610) against the same month in 2022 (average: 30.5992), the exchange rate shifted by +0.3618 (+1.18%).

2023 Avg (October) 30.9610

2022 Avg (October) 30.5992

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.2252	29.9090	30.0675
February	30.1178	28.9485	29.4060
March	30.2908	28.0920	29.3500
April	29.8216	28.8353	29.4047
May	29.3780	28.8013	29.0718
June	29.6800	28.9104	29.2384
July	29.4942	28.7164	28.9481
August	30.2110	28.8324	29.4791
September	31.0902	29.7153	30.3953
October	31.1915	30.4771	30.9610
November	30.6381	29.6970	30.1462
December	30.1019	29.6230	29.8686