2023 UAH to MVR Historical Review

YEARLY HIGH

0.4305 MVR

YEARLY LOW

0.4025 MVR

YEARLY AVERAGE

0.4178 MVR

2023 UAH to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.4305. Conversely, the yearly low was recorded on December 28, dropping to 0.4025.

This high-to-low spread represents a total annual volatility of 0.0280 MVR. From a start-to-finish perspective, comparing the January average rate of 0.4185 to the December average rate of 0.4134, the exchange rate registered a net change of -1.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4305 was down 23.98% compared to the 2022 peak of 0.5663, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,153 MVR

2022 Average 2,396 MVR

Yearly Trough Low 2,013 MVR

Transaction Impact: A difference of 140.05 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4265

0.4122

JanuMarcMayJulySeptNove

UAH 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 0.4169, compared to 0.4186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.4169

H2 Avg (Jul–Dec) 0.4186

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0186 MVR (High: 0.4211 / Low: 0.4025). On the other end, June was the most stable month, with a tight range of 0.0031 MVR (High: 0.4171 / Low: 0.4140).

December Spread (Volatile) ±0.0186

June Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0120 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.4253) against the same month in 2022 (average: 0.4180), the exchange rate shifted by +0.0074 (+1.76%).

2023 Avg (November) 0.4253

2022 Avg (November) 0.4180

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4205	0.4159	0.4185
February	0.4204	0.4118	0.4172
March	0.4229	0.4150	0.4173
April	0.4216	0.4153	0.4171
May	0.4186	0.4135	0.4159
June	0.4171	0.4140	0.4155
July	0.4210	0.4145	0.4173
August	0.4183	0.4143	0.4164
September	0.4193	0.4160	0.4176
October	0.4244	0.4147	0.4216
November	0.4305	0.4207	0.4253
December	0.4211	0.4025	0.4134