2023 TTD to MVR Historical Review

YEARLY HIGH

2.3014 MVR

YEARLY LOW

2.2408 MVR

YEARLY AVERAGE

2.2654 MVR

2023 TTD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TTD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 2.3014. Conversely, the yearly low was recorded on February 5, dropping to 2.2408.

This high-to-low spread represents a total annual volatility of 0.0606 MVR. From a start-to-finish perspective, comparing the January average rate of 2.2657 to the December average rate of 2.2613, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3014 was down 0.68% compared to the 2022 peak of 2.3170, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,507 MVR

2022 Average 11,359 MVR

Yearly Trough Low 11,204 MVR

Transaction Impact: A difference of 302.96 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2744

2.2597

JanuMarcMayJulySeptNove

TTD 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 2.2638, compared to 2.2670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 2.2638

H2 Avg (Jul–Dec) 2.2670

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0480 MVR (High: 2.3014 / Low: 2.2534). On the other end, January was the most stable month, with a tight range of 0.0158 MVR (High: 2.2752 / Low: 2.2595).

March Spread (Volatile) ±0.0480

January Spread (Stable) ±0.0158

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 0.0048 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2.2680) against the same month in 2022 (average: 2.2746), the exchange rate shifted by -0.0066 (-0.29%).

2023 Avg (March) 2.2680

2022 Avg (March) 2.2746

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2752	2.2595	2.2657
February	2.2764	2.2408	2.2609
March	2.3014	2.2534	2.2680
April	2.2905	2.2582	2.2648
May	2.2727	2.2499	2.2616
June	2.2738	2.2496	2.2619
July	2.2906	2.2572	2.2679
August	2.2787	2.2545	2.2654
September	2.2839	2.2643	2.2732
October	2.2833	2.2570	2.2686
November	2.2950	2.2493	2.2657
December	2.2693	2.2523	2.2613