YEARLY HIGH
0.5753 SVC
YEARLY LOW
0.5602 SVC
YEARLY AVERAGE
0.5690 SVC

2023 MVR to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.5753. Conversely, the yearly low was recorded on March 19, dropping to 0.5602.

This high-to-low spread represents a total annual volatility of 0.0151 SVC. From a start-to-finish perspective, comparing the January average rate of 0.5688 to the December average rate of 0.5698, the exchange rate registered a net change of 0.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5753 was up 0.36% compared to the 2022 peak of 0.5733, 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 2,877 SVC
2022 Average 2,837 SVC
Yearly Trough Low 2,801 SVC
Transaction Impact: A difference of 75.48 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5705
0.5672
JanuMarcMayJulySeptNove

MVR to SVC 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 0.5694, compared to 0.5686 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.5694
H2 Avg (Jul–Dec) 0.5686

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0122 SVC (High: 0.5742 / Low: 0.5621). On the other end, December was the most stable month, with a tight range of 0.0032 SVC (High: 0.5712 / Low: 0.5680).

November Spread (Volatile) ±0.0122
December Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0018 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.5700) against the same month in 2022 (average: 0.5663), the exchange rate shifted by +0.0036 (+0.64%).

2023 Avg (February) 0.5700
2022 Avg (February) 0.5663

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5707 0.5663 0.5688
February 0.5753 0.5664 0.5700
March 0.5709 0.5602 0.5683
April 0.5708 0.5622 0.5691
May 0.5730 0.5679 0.5700
June 0.5722 0.5680 0.5702
July 0.5716 0.5628 0.5684
August 0.5718 0.5664 0.5692
September 0.5695 0.5652 0.5674
October 0.5713 0.5657 0.5682
November 0.5742 0.5621 0.5688
December 0.5712 0.5680 0.5698