YEARLY HIGH
0.0009 MVR
YEARLY LOW
0.0007 MVR
YEARLY AVERAGE
0.0008 MVR

2023 SLL to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 0.0009. Conversely, the yearly low was recorded on November 13, dropping to 0.0007.

This high-to-low spread represents a total annual volatility of 0.0001 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0009 to the December average rate of 0.0007, the exchange rate registered a net change of -15.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0009 was down 36.25% compared to the 2022 peak of 0.0014, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4 MVR
2022 Average 6 MVR
Yearly Trough Low 4 MVR
Transaction Impact: A difference of 0.73 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0009
0.0007
JanuMarcMayJulySeptNove

SLL 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 0.0009, compared to 0.0008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0009
H2 Avg (Jul–Dec) 0.0008

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0001 MVR (High: 0.0009 / Low: 0.0007). On the other end, February was the most stable month, with a tight range of 0.0000 MVR (High: 0.0009 / Low: 0.0009).

July Spread (Volatile) ±0.0001
February Spread (Stable) ±0.0000

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 July and August, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0009) against the same month in 2022 (average: 0.0013), the exchange rate shifted by -0.0005 (-34.71%).

2023 Avg (March) 0.0009
2022 Avg (March) 0.0013

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0009 0.0009 0.0009
February 0.0009 0.0009 0.0009
March 0.0009 0.0009 0.0009
April 0.0009 0.0009 0.0009
May 0.0009 0.0009 0.0009
June 0.0009 0.0009 0.0009
July 0.0009 0.0007 0.0009
August 0.0007 0.0007 0.0007
September 0.0007 0.0007 0.0007
October 0.0007 0.0007 0.0007
November 0.0007 0.0007 0.0007
December 0.0007 0.0007 0.0007