2023 MVR to PLN Historical Review

YEARLY HIGH

0.2917 PLN

YEARLY LOW

0.2531 PLN

YEARLY AVERAGE

0.2732 PLN

2023 MVR to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 0.2917. Conversely, the yearly low was recorded on December 27, dropping to 0.2531.

This high-to-low spread represents a total annual volatility of 0.0387 PLN. From a start-to-finish perspective, comparing the January average rate of 0.2818 to the December average rate of 0.2580, the exchange rate registered a net change of -8.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2917 was down 9.89% compared to the 2022 peak of 0.3237, 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 1,459 PLN

2022 Average 1,446 PLN

Yearly Trough Low 1,265 PLN

Transaction Impact: A difference of 193.33 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2918

0.2549

JanuMarcMayJulySeptNove

MVR to PLN 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 0.2786, compared to 0.2678 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.2786

H2 Avg (Jul–Dec) 0.2678

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0192 PLN (High: 0.2888 / Low: 0.2696). On the other end, August was the most stable month, with a tight range of 0.0072 PLN (High: 0.2692 / Low: 0.2620).

January Spread (Volatile) ±0.0192

August Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0126 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2887) against the same month in 2022 (average: 0.2605), the exchange rate shifted by +0.0283 (+10.85%).

2023 Avg (February) 0.2887

2022 Avg (February) 0.2605

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2888	0.2696	0.2818
February	0.2917	0.2780	0.2887
March	0.2897	0.2784	0.2850
April	0.2820	0.2702	0.2755
May	0.2767	0.2678	0.2723
June	0.2744	0.2629	0.2681
July	0.2677	0.2564	0.2614
August	0.2692	0.2620	0.2659
September	0.2854	0.2691	0.2795
October	0.2872	0.2714	0.2775
November	0.2745	0.2558	0.2648
December	0.2624	0.2531	0.2580