2023 SYP to MVR Historical Review

YEARLY HIGH

0.0062 MVR

YEARLY LOW

0.0061 MVR

YEARLY AVERAGE

0.0061 MVR

2023 SYP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 0.0062. Conversely, the yearly low was recorded on November 13, dropping to 0.0061.

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 0.0061 to the December average rate of 0.0061, the exchange rate registered a net change of -0.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0062 was down 2.43% compared to the 2022 peak of 0.0063, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 31 MVR

2022 Average 31 MVR

Yearly Trough Low 30 MVR

Transaction Impact: A difference of 0.45 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0061

JanuMarcMayJulySeptNove

SYP 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 0.0061, compared to 0.0061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0061

H2 Avg (Jul–Dec) 0.0061

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0001 MVR (High: 0.0061 / Low: 0.0061). On the other end, February was the most stable month, with a tight range of 0.0000 MVR (High: 0.0061 / Low: 0.0061).

November 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 January and February, when the average rate fell by 0.0000 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0061) against the same month in 2022 (average: 0.0061), the exchange rate shifted by -0.0000 (-0.17%).

2023 Avg (September) 0.0061

2022 Avg (September) 0.0061

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0061	0.0061	0.0061
February	0.0061	0.0061	0.0061
March	0.0061	0.0061	0.0061
April	0.0061	0.0061	0.0061
May	0.0061	0.0061	0.0061
June	0.0061	0.0061	0.0061
July	0.0061	0.0061	0.0061
August	0.0061	0.0061	0.0061
September	0.0062	0.0061	0.0061
October	0.0061	0.0061	0.0061
November	0.0061	0.0061	0.0061
December	0.0061	0.0061	0.0061