YEARLY HIGH
1.2478 MDL
YEARLY LOW
1.1233 MDL
YEARLY AVERAGE
1.1776 MDL

2023 MVR to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 1.2478. Conversely, the yearly low was recorded on December 29, dropping to 1.1233.

This high-to-low spread represents a total annual volatility of 0.1246 MDL. From a start-to-finish perspective, comparing the January average rate of 1.2344 to the December average rate of 1.1453, the exchange rate registered a net change of -7.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2478 was down 2.68% compared to the 2022 peak of 1.2822, 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 6,239 MDL
2022 Average 6,118 MDL
Yearly Trough Low 5,616 MDL
Transaction Impact: A difference of 622.86 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2434
1.1363
JanuMarcMayJulySeptNove

MVR to MDL 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 1.1944, compared to 1.1609 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0335 points.

H1 Avg (Jan–Jun) 1.1944
H2 Avg (Jul–Dec) 1.1609

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0701 MDL (High: 1.1953 / Low: 1.1252). On the other end, May was the most stable month, with a tight range of 0.0185 MDL (High: 1.1681 / Low: 1.1496).

July Spread (Volatile) ±0.0701
May Spread (Stable) ±0.0185

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0357 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0357

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.2344) against the same month in 2022 (average: 1.1599), the exchange rate shifted by +0.0745 (+6.42%).

2023 Avg (January) 1.2344
2022 Avg (January) 1.1599

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2478 1.2184 1.2344
February 1.2323 1.2122 1.2226
March 1.2300 1.1877 1.2102
April 1.1924 1.1626 1.1745
May 1.1681 1.1496 1.1578
June 1.1953 1.1558 1.1666
July 1.1953 1.1252 1.1640
August 1.1592 1.1364 1.1500
September 1.1876 1.1545 1.1659
October 1.1903 1.1707 1.1783
November 1.1781 1.1488 1.1617
December 1.1666 1.1233 1.1453