2023 RUB to MVR Historical Review

YEARLY HIGH

0.2333 MVR

YEARLY LOW

0.1525 MVR

YEARLY AVERAGE

0.1821 MVR

2023 RUB to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.2333. Conversely, the yearly low was recorded on October 8, dropping to 0.1525.

This high-to-low spread represents a total annual volatility of 0.0808 MVR. From a start-to-finish perspective, comparing the January average rate of 0.2200 to the December average rate of 0.1689, the exchange rate registered a net change of -23.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2333 was down 20.20% compared to the 2022 peak of 0.2924, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RUB based on timing:

Yearly Peak High 1,167 MVR

2022 Average 1,144 MVR

Yearly Trough Low 762 MVR

Transaction Impact: A difference of 404.24 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2261

0.1525

JanuMarcMayJulySeptNove

RUB to MVR 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 0.1997, compared to 0.1645 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0352 points.

H1 Avg (Jan–Jun) 0.1997

H2 Avg (Jul–Dec) 0.1645

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0244 MVR (High: 0.2333 / Low: 0.2090). On the other end, September was the most stable month, with a tight range of 0.0058 MVR (High: 0.1626 / Low: 0.1568).

January Spread (Volatile) ±0.0244

September Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0144 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2200) against the same month in 2022 (average: 0.2018), the exchange rate shifted by +0.0182 (+9.00%).

2023 Avg (January) 0.2200

2022 Avg (January) 0.2018

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2333	0.2090	0.2200
February	0.2196	0.2019	0.2090
March	0.2049	0.1985	0.2014
April	0.1988	0.1871	0.1896
May	0.2018	0.1882	0.1939
June	0.1901	0.1724	0.1841
July	0.1741	0.1667	0.1697
August	0.1662	0.1534	0.1605
September	0.1626	0.1568	0.1594
October	0.1655	0.1525	0.1587
November	0.1745	0.1649	0.1697
December	0.1741	0.1652	0.1689