YEARLY HIGH
0.5533 SBD
YEARLY LOW
0.5325 SBD
YEARLY AVERAGE
0.5429 SBD

2023 MVR to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.5533. Conversely, the yearly low was recorded on March 21, dropping to 0.5325.

This high-to-low spread represents a total annual volatility of 0.0208 SBD. From a start-to-finish perspective, comparing the January average rate of 0.5372 to the December average rate of 0.5502, the exchange rate registered a net change of 2.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5533 was up 2.68% compared to the 2022 peak of 0.5388, 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 2,766 SBD
2022 Average 2,638 SBD
Yearly Trough Low 2,662 SBD
Transaction Impact: A difference of 104.03 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5516
0.5338
JanuMarcMayJulySeptNove

MVR to SBD 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 0.5391, compared to 0.5468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.5391
H2 Avg (Jul–Dec) 0.5468

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0107 SBD (High: 0.5522 / Low: 0.5415). On the other end, August was the most stable month, with a tight range of 0.0020 SBD (High: 0.5454 / Low: 0.5434).

July Spread (Volatile) ±0.0107
August Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0010 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.5491) against the same month in 2022 (average: 0.5341), the exchange rate shifted by +0.0150 (+2.80%).

2023 Avg (November) 0.5491
2022 Avg (November) 0.5341

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5389 0.5348 0.5372
February 0.5385 0.5339 0.5363
March 0.5385 0.5325 0.5353
April 0.5430 0.5342 0.5399
May 0.5447 0.5407 0.5426
June 0.5447 0.5424 0.5433
July 0.5522 0.5415 0.5441
August 0.5454 0.5434 0.5444
September 0.5474 0.5415 0.5448
October 0.5517 0.5456 0.5480
November 0.5533 0.5450 0.5491
December 0.5522 0.5467 0.5502