2023 MVR to LRD Historical Review

YEARLY HIGH

12.3115 LRD

YEARLY LOW

10.0115 LRD

YEARLY AVERAGE

11.3598 LRD

2023 MVR to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 12.3115. Conversely, the yearly low was recorded on February 20, dropping to 10.0115.

This high-to-low spread represents a total annual volatility of 2.3000 LRD. From a start-to-finish perspective, comparing the January average rate of 10.0998 to the December average rate of 12.2443, the exchange rate registered a net change of 21.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.3115 was up 22.00% compared to the 2022 peak of 10.0917, 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 61,557 LRD

2022 Average 49,559 LRD

Yearly Trough Low 50,057 LRD

Transaction Impact: A difference of 11,500.11 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.4587

9.8854

JanuMarcMayJulySeptNove

MVR to LRD 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 10.5915, compared to 12.1281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5367 points.

H1 Avg (Jan–Jun) 10.5915

H2 Avg (Jul–Dec) 12.1281

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.7248 LRD (High: 11.7636 / Low: 11.0387). On the other end, October was the most stable month, with a tight range of 0.0775 LRD (High: 12.1912 / Low: 12.1136).

June Spread (Volatile) ±0.7248

October Spread (Stable) ±0.0775

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0328 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0328

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 12.2239) against the same month in 2022 (average: 9.9902), the exchange rate shifted by +2.2337 (+22.36%).

2023 Avg (November) 12.2239

2022 Avg (November) 9.9902

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.2051	10.0244	10.0998
February	10.3516	10.0115	10.1906
March	10.5357	10.0244	10.3730
April	10.7585	10.5321	10.6214
May	11.0539	10.7666	10.8821
June	11.7636	11.0387	11.3819
July	12.1433	11.7349	11.9485
August	12.1660	12.0779	12.1200
September	12.1301	12.0472	12.0872
October	12.1912	12.1136	12.1449
November	12.3115	12.1470	12.2239
December	12.2704	12.1786	12.2443