2023 MVR to SZL Historical Review

YEARLY HIGH

1.2922 SZL

YEARLY LOW

1.0922 SZL

YEARLY AVERAGE

1.1999 SZL

2023 MVR to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 1.2922. Conversely, the yearly low was recorded on January 13, dropping to 1.0922.

This high-to-low spread represents a total annual volatility of 0.2000 SZL. From a start-to-finish perspective, comparing the January average rate of 1.1118 to the December average rate of 1.2122, the exchange rate registered a net change of 9.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2922 was up 8.34% compared to the 2022 peak of 1.1928, 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 6,461 SZL

2022 Average 5,306 SZL

Yearly Trough Low 5,461 SZL

Transaction Impact: A difference of 1,000.14 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2539

1.0989

JanuMarcMayJulySeptNove

MVR to SZL 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 1.1844, compared to 1.2154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0311 points.

H1 Avg (Jan–Jun) 1.1844

H2 Avg (Jul–Dec) 1.2154

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.1090 SZL (High: 1.2922 / Low: 1.1833). On the other end, September was the most stable month, with a tight range of 0.0320 SZL (High: 1.2434 / Low: 1.2114).

June Spread (Volatile) ±0.1090

September Spread (Stable) ±0.0320

Growth Streaks & Declines

Trends

Between July and October, 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 0.0347 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0347

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 1.2198) against the same month in 2022 (average: 1.0241), the exchange rate shifted by +0.1957 (+19.11%).

2023 Avg (June) 1.2198

2022 Avg (June) 1.0241

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1351	1.0922	1.1118
February	1.2015	1.1132	1.1660
March	1.2125	1.1554	1.1871
April	1.2000	1.1554	1.1805
May	1.2909	1.1901	1.2409
June	1.2922	1.1833	1.2198
July	1.2340	1.1441	1.1851
August	1.2656	1.1728	1.2217
September	1.2434	1.2114	1.2294
October	1.2617	1.2208	1.2392
November	1.2395	1.1780	1.2049
December	1.2426	1.1843	1.2122