YEARLY HIGH
0.4463 TTD
YEARLY LOW
0.4345 TTD
YEARLY AVERAGE
0.4414 TTD

2023 MVR to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.4463. Conversely, the yearly low was recorded on March 19, dropping to 0.4345.

This high-to-low spread represents a total annual volatility of 0.0117 TTD. From a start-to-finish perspective, comparing the January average rate of 0.4414 to the December average rate of 0.4422, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4463 was up 0.36% compared to the 2022 peak of 0.4447, 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 2,231 TTD
2022 Average 2,201 TTD
Yearly Trough Low 2,173 TTD
Transaction Impact: A difference of 58.75 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4425
0.4397
JanuMarcMayJulySeptNove

MVR to TTD 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 0.4417, compared to 0.4411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.4417
H2 Avg (Jul–Dec) 0.4411

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0092 TTD (High: 0.4438 / Low: 0.4345). On the other end, January was the most stable month, with a tight range of 0.0031 TTD (High: 0.4426 / Low: 0.4395).

March Spread (Volatile) ±0.0092
January Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.4423) against the same month in 2022 (average: 0.4392), the exchange rate shifted by +0.0031 (+0.71%).

2023 Avg (February) 0.4423
2022 Avg (February) 0.4392

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4426 0.4395 0.4414
February 0.4463 0.4393 0.4423
March 0.4438 0.4345 0.4409
April 0.4428 0.4366 0.4415
May 0.4445 0.4400 0.4422
June 0.4445 0.4398 0.4421
July 0.4430 0.4366 0.4409
August 0.4436 0.4388 0.4414
September 0.4416 0.4379 0.4399
October 0.4431 0.4380 0.4408
November 0.4446 0.4357 0.4414
December 0.4440 0.4407 0.4422