YEARLY HIGH
0.3196 LYD
YEARLY LOW
0.3066 LYD
YEARLY AVERAGE
0.3129 LYD

2023 MVR to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.3196. Conversely, the yearly low was recorded on April 16, dropping to 0.3066.

This high-to-low spread represents a total annual volatility of 0.0130 LYD. From a start-to-finish perspective, comparing the January average rate of 0.3108 to the December average rate of 0.3127, the exchange rate registered a net change of 0.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3196 was down 2.49% compared to the 2022 peak of 0.3278, 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 1,598 LYD
2022 Average 1,558 LYD
Yearly Trough Low 1,533 LYD
Transaction Impact: A difference of 65.22 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3186
0.3092
JanuMarcMayJulySeptNove

MVR to LYD 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 0.3118, compared to 0.3139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.3118
H2 Avg (Jul–Dec) 0.3139

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0075 LYD (High: 0.3163 / Low: 0.3088). On the other end, October was the most stable month, with a tight range of 0.0023 LYD (High: 0.3190 / Low: 0.3167).

March Spread (Volatile) ±0.0075
October Spread (Stable) ±0.0023

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 June and July, when the average rate fell by 0.0036 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.3154) against the same month in 2022 (average: 0.3209), the exchange rate shifted by -0.0055 (-1.71%).

2023 Avg (November) 0.3154
2022 Avg (November) 0.3209

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3135 0.3090 0.3108
February 0.3156 0.3082 0.3123
March 0.3163 0.3088 0.3125
April 0.3114 0.3066 0.3100
May 0.3158 0.3090 0.3116
June 0.3158 0.3114 0.3138
July 0.3142 0.3076 0.3102
August 0.3144 0.3105 0.3128
September 0.3181 0.3127 0.3147
October 0.3190 0.3167 0.3178
November 0.3196 0.3121 0.3154
December 0.3154 0.3094 0.3127