YEARLY HIGH
0.0499 XDR
YEARLY LOW
0.0476 XDR
YEARLY AVERAGE
0.0487 XDR

2023 MVR to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.0499. Conversely, the yearly low was recorded on April 30, dropping to 0.0476.

This high-to-low spread represents a total annual volatility of 0.0023 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0484 to the December average rate of 0.0488, the exchange rate registered a net change of 0.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0499 was down 2.30% compared to the 2022 peak of 0.0511, 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 249 XDR
2022 Average 236 XDR
Yearly Trough Low 238 XDR
Transaction Impact: A difference of 11.70 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0496
0.0481
JanuMarcMayJulySeptNove

MVR to XDR 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 0.0486, compared to 0.0489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0486
H2 Avg (Jul–Dec) 0.0489

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0013 XDR (High: 0.0499 / Low: 0.0486). On the other end, October was the most stable month, with a tight range of 0.0006 XDR (High: 0.0498 / Low: 0.0492).

November Spread (Volatile) ±0.0013
October Spread (Stable) ±0.0006

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 0.0005 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: 0.0492) against the same month in 2022 (average: 0.0482), the exchange rate shifted by +0.0010 (+2.12%).

2023 Avg (November) 0.0492
2022 Avg (November) 0.0482

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0490 0.0481 0.0484
February 0.0491 0.0480 0.0486
March 0.0491 0.0482 0.0487
April 0.0485 0.0476 0.0482
May 0.0491 0.0481 0.0485
June 0.0491 0.0484 0.0488
July 0.0490 0.0479 0.0484
August 0.0490 0.0482 0.0487
September 0.0496 0.0486 0.0491
October 0.0498 0.0492 0.0495
November 0.0499 0.0486 0.0492
December 0.0492 0.0484 0.0488