YEARLY HIGH
1375.0492 SLL
YEARLY LOW
1145.2188 SLL
YEARLY AVERAGE
1241.0939 SLL

2023 MVR to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 1375.0492. Conversely, the yearly low was recorded on March 29, dropping to 1145.2188.

This high-to-low spread represents a total annual volatility of 229.8304 SLL. From a start-to-finish perspective, comparing the January average rate of 1148.2587 to the December average rate of 1364.0587, the exchange rate registered a net change of 18.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1375.0492 was up 18.90% compared to the 2022 peak of 1156.4648, 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 6,875,246 SLL
2022 Average 4,451,237 SLL
Yearly Trough Low 5,726,094 SLL
Transaction Impact: A difference of 1,149,151.90 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1386.5119
1126.5993
JanuMarcMayJulySeptNove

MVR to SLL 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 1150.0878, compared to 1332.1000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 182.0122 points.

H1 Avg (Jan–Jun) 1150.0878
H2 Avg (Jul–Dec) 1332.1000

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 219.7577 SLL (High: 1366.0912 / Low: 1146.3335). On the other end, February was the most stable month, with a tight range of 1.4837 SLL (High: 1151.5488 / Low: 1150.0651).

July Spread (Volatile) ±219.7577
February Spread (Stable) ±1.4837

Growth Streaks & Declines

Trends

Between March and August, 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 3.9572 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -3.9572

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 1364.8525) against the same month in 2022 (average: 1144.5654), the exchange rate shifted by +220.2871 (+19.25%).

2023 Avg (November) 1364.8525
2022 Avg (November) 1144.5654

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1151.5488 1146.3335 1148.2587
February 1151.5488 1150.0651 1150.5385
March 1151.5488 1145.2188 1148.9688
April 1150.8143 1146.3335 1150.2405
May 1154.5752 1150.0651 1151.1912
June 1154.5752 1150.0651 1151.3291
July 1366.0912 1146.3335 1176.6691
August 1367.8735 1361.6558 1364.1217
September 1363.8699 1355.0565 1360.1645
October 1366.0912 1360.7722 1362.7338
November 1375.0492 1357.2492 1364.8525
December 1366.0912 1361.6558 1364.0587