YEARLY HIGH
39.4098 SDG
YEARLY LOW
35.3398 SDG
YEARLY AVERAGE
38.7946 SDG

2023 MVR to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 39.4098. Conversely, the yearly low was recorded on November 20, dropping to 35.3398.

This high-to-low spread represents a total annual volatility of 4.0700 SDG. From a start-to-finish perspective, comparing the January average rate of 37.4965 to the December average rate of 39.0948, the exchange rate registered a net change of 4.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 39.4098 was up 4.55% compared to the 2022 peak of 37.6953, 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 197,049 SDG
2022 Average 161,816 SDG
Yearly Trough Low 176,699 SDG
Transaction Impact: A difference of 20,350.15 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

39.3536
37.3277
JanuMarcMayJulySeptNove

MVR to SDG 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 38.5358, compared to 39.0534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5176 points.

H1 Avg (Jan–Jun) 38.5358
H2 Avg (Jul–Dec) 39.0534

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 4.0700 SDG (High: 39.4098 / Low: 35.3398). On the other end, December was the most stable month, with a tight range of 0.1271 SDG (High: 39.1531 / Low: 39.0260).

November Spread (Volatile) ±4.0700
December Spread (Stable) ±0.1271

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1182 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 38.9620) against the same month in 2022 (average: 36.9487), the exchange rate shifted by +2.0133 (+5.45%).

2023 Avg (November) 38.9620
2022 Avg (November) 36.9487

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 37.9232 37.0806 37.4965
February 38.3789 37.9883 38.1400
March 38.6971 37.0806 38.3556
April 39.0951 37.2964 38.9306
May 39.2810 38.9648 39.1071
June 39.3137 39.0951 39.1847
July 39.2880 38.9809 39.0924
August 39.2042 39.0260 39.1187
September 39.1220 38.8691 39.0005
October 39.1857 38.9610 39.0516
November 39.4098 35.3398 38.9620
December 39.1531 39.0260 39.0948