2023 SCR to MVR Historical Review

YEARLY HIGH

1.2085 MVR

YEARLY LOW

1.0804 MVR

YEARLY AVERAGE

1.1443 MVR

2023 SCR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 1.2085. Conversely, the yearly low was recorded on June 27, dropping to 1.0804.

This high-to-low spread represents a total annual volatility of 0.1281 MVR. From a start-to-finish perspective, comparing the January average rate of 1.1366 to the December average rate of 1.1446, the exchange rate registered a net change of 0.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2085 was down 0.80% compared to the 2022 peak of 1.2183, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,042 MVR

2022 Average 5,695 MVR

Yearly Trough Low 5,402 MVR

Transaction Impact: A difference of 640.45 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1789

1.1147

JanuMarcMayJulySeptNove

SCR 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 1.1346, compared to 1.1540 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0194 points.

H1 Avg (Jan–Jun) 1.1346

H2 Avg (Jul–Dec) 1.1540

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1077 MVR (High: 1.1927 / Low: 1.0850). On the other end, August was the most stable month, with a tight range of 0.0409 MVR (High: 1.1680 / Low: 1.1271).

January Spread (Volatile) ±0.1077

August Spread (Stable) ±0.0409

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 September and October, when the average rate fell by 0.0185 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.1551) against the same month in 2022 (average: 1.1565), the exchange rate shifted by -0.0014 (-0.12%).

2023 Avg (October) 1.1551

2022 Avg (October) 1.1565

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1927	1.0850	1.1366
February	1.1795	1.0829	1.1336
March	1.1838	1.0905	1.1429
April	1.1886	1.0931	1.1372
May	1.1686	1.0917	1.1371
June	1.1665	1.0804	1.1201
July	1.1827	1.0851	1.1509
August	1.1680	1.1271	1.1496
September	1.2078	1.1307	1.1735
October	1.2085	1.1107	1.1551
November	1.1810	1.1183	1.1504
December	1.1893	1.0981	1.1446