2023 SZL to MVR Historical Review

YEARLY HIGH

0.9156 MVR

YEARLY LOW

0.7739 MVR

YEARLY AVERAGE

0.8344 MVR

2023 SZL to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SZL to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.9156. Conversely, the yearly low was recorded on June 1, dropping to 0.7739.

This high-to-low spread represents a total annual volatility of 0.1417 MVR. From a start-to-finish perspective, comparing the January average rate of 0.8995 to the December average rate of 0.8251, the exchange rate registered a net change of -8.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9156 was down 14.01% compared to the 2022 peak of 1.0648, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,578 MVR

2022 Average 4,733 MVR

Yearly Trough Low 3,869 MVR

Transaction Impact: A difference of 708.62 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9089

0.7971

JanuMarcMayJulySeptNove

SZL 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 0.8457, compared to 0.8231 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0225 points.

H1 Avg (Jan–Jun) 0.8457

H2 Avg (Jul–Dec) 0.8231

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0713 MVR (High: 0.8451 / Low: 0.7739). On the other end, September was the most stable month, with a tight range of 0.0213 MVR (High: 0.8255 / Low: 0.8042).

June Spread (Volatile) ±0.0713

September Spread (Stable) ±0.0213

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0415 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0415

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.8995) against the same month in 2022 (average: 0.9985), the exchange rate shifted by -0.0990 (-9.91%).

2023 Avg (January) 0.8995

2022 Avg (January) 0.9985

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9156	0.8810	0.8995
February	0.8983	0.8323	0.8580
March	0.8655	0.8247	0.8425
April	0.8655	0.8334	0.8472
May	0.8403	0.7747	0.8064
June	0.8451	0.7739	0.8203
July	0.8740	0.8103	0.8444
August	0.8527	0.7901	0.8187
September	0.8255	0.8042	0.8134
October	0.8191	0.7926	0.8071
November	0.8489	0.8068	0.8301
December	0.8444	0.8048	0.8251