2023 MVR to XAF Historical Review

YEARLY HIGH

40.7764 XAF

YEARLY LOW

37.8591 XAF

YEARLY AVERAGE

39.4399 XAF

2023 MVR to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 40.7764. Conversely, the yearly low was recorded on July 14, dropping to 37.8591.

This high-to-low spread represents a total annual volatility of 2.9173 XAF. From a start-to-finish perspective, comparing the January average rate of 39.5276 to the December average rate of 39.0665, the exchange rate registered a net change of -1.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 40.7764 was down 7.78% compared to the 2022 peak of 44.2165, 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 203,882 XAF

2022 Average 202,257 XAF

Yearly Trough Low 189,295 XAF

Transaction Impact: A difference of 14,586.68 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

40.5227

38.4067

JanuMarcMayJulySeptNove

MVR to XAF 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 39.4772, compared to 39.4026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0746 points.

H1 Avg (Jan–Jun) 39.4772

H2 Avg (Jul–Dec) 39.4026

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 1.9698 XAF (High: 40.0884 / Low: 38.1186). On the other end, August was the most stable month, with a tight range of 0.7006 XAF (High: 39.4578 / Low: 38.7571).

May Spread (Volatile) ±1.9698

August Spread (Stable) ±0.7006

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 March and April, when the average rate fell by 0.9508 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9508

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 40.3464) against the same month in 2022 (average: 43.2020), the exchange rate shifted by -2.8556 (-6.61%).

2023 Avg (October) 40.3464

2022 Avg (October) 43.2020

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.4620	39.0804	39.5276
February	40.4924	38.7783	39.9223
March	40.5102	39.0617	39.8208
April	39.5514	38.3784	38.8700
May	40.0884	38.1186	39.2954
June	39.9495	38.8906	39.4270
July	39.2901	37.8591	38.5830
August	39.4578	38.7571	39.1134
September	40.4015	39.4721	39.8458
October	40.7764	39.9175	40.3464
November	40.2880	38.7921	39.4605
December	39.6957	38.4192	39.0665