YEARLY HIGH
0.0283 MVR
YEARLY LOW
0.0254 MVR
YEARLY AVERAGE
0.0258 MVR

2023 SDG to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SDG to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.0283. Conversely, the yearly low was recorded on November 13, dropping to 0.0254.

This high-to-low spread represents a total annual volatility of 0.0029 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0267 to the December average rate of 0.0256, the exchange rate registered a net change of -4.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0283 was down 20.07% compared to the 2022 peak of 0.0354, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 141 MVR
2022 Average 157 MVR
Yearly Trough Low 127 MVR
Transaction Impact: A difference of 14.61 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0268
0.0254
JanuMarcMayJulySeptNove

SDG 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 0.0260, compared to 0.0256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0260
H2 Avg (Jul–Dec) 0.0256

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0029 MVR (High: 0.0283 / Low: 0.0254). On the other end, December was the most stable month, with a tight range of 0.0001 MVR (High: 0.0256 / Low: 0.0255).

November Spread (Volatile) ±0.0029
December Spread (Stable) ±0.0001

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 January and February, when the average rate fell by 0.0005 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0257) against the same month in 2022 (average: 0.0271), the exchange rate shifted by -0.0014 (-5.14%).

2023 Avg (November) 0.0257
2022 Avg (November) 0.0271

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0270 0.0264 0.0267
February 0.0263 0.0261 0.0262
March 0.0270 0.0258 0.0261
April 0.0268 0.0256 0.0257
May 0.0257 0.0255 0.0256
June 0.0256 0.0254 0.0255
July 0.0257 0.0255 0.0256
August 0.0256 0.0255 0.0256
September 0.0257 0.0256 0.0256
October 0.0257 0.0255 0.0256
November 0.0283 0.0254 0.0257
December 0.0256 0.0255 0.0256