2023 MVR to XCD Historical Review

YEARLY HIGH

0.1772 XCD

YEARLY LOW

0.1746 XCD

YEARLY AVERAGE

0.1758 XCD

2023 MVR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.1772. Conversely, the yearly low was recorded on September 28, dropping to 0.1746.

This high-to-low spread represents a total annual volatility of 0.0026 XCD. From a start-to-finish perspective, comparing the January average rate of 0.1757 to the December average rate of 0.1758, the exchange rate registered a net change of 0.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1772 was up 0.16% compared to the 2022 peak of 0.1769, 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 886 XCD

2022 Average 876 XCD

Yearly Trough Low 873 XCD

Transaction Impact: A difference of 12.88 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1762

0.1752

JanuMarcMayJulySeptNove

MVR to XCD 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 0.1760, compared to 0.1757 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1760

H2 Avg (Jul–Dec) 0.1757

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0023 XCD (High: 0.1772 / Low: 0.1749). On the other end, February was the most stable month, with a tight range of 0.0002 XCD (High: 0.1762 / Low: 0.1759).

November Spread (Volatile) ±0.0023

February Spread (Stable) ±0.0002

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 August and September, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1759) against the same month in 2022 (average: 0.1755), the exchange rate shifted by +0.0004 (+0.25%).

2023 Avg (November) 0.1759

2022 Avg (November) 0.1755

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1762	0.1754	0.1757
February	0.1762	0.1759	0.1760
March	0.1762	0.1752	0.1758
April	0.1761	0.1754	0.1760
May	0.1766	0.1759	0.1761
June	0.1766	0.1759	0.1761
July	0.1765	0.1754	0.1758
August	0.1763	0.1755	0.1758
September	0.1758	0.1746	0.1753
October	0.1761	0.1754	0.1756
November	0.1772	0.1749	0.1759
December	0.1761	0.1755	0.1758