2023 XAF to MVR Historical Review

YEARLY HIGH

0.0264 MVR

YEARLY LOW

0.0245 MVR

YEARLY AVERAGE

0.0254 MVR

2023 XAF to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.0264. Conversely, the yearly low was recorded on October 2, dropping to 0.0245.

This high-to-low spread represents a total annual volatility of 0.0019 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0253 to the December average rate of 0.0256, the exchange rate registered a net change of 1.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0264 was down 2.11% compared to the 2022 peak of 0.0270, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 132 MVR

2022 Average 124 MVR

Yearly Trough Low 123 MVR

Transaction Impact: A difference of 9.45 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0260

0.0247

JanuMarcMayJulySeptNove

XAF 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 0.0253, compared to 0.0254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0253

H2 Avg (Jul–Dec) 0.0254

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0013 MVR (High: 0.0262 / Low: 0.0249). On the other end, August was the most stable month, with a tight range of 0.0005 MVR (High: 0.0258 / Low: 0.0253).

May Spread (Volatile) ±0.0013

August Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0259) against the same month in 2022 (average: 0.0239), the exchange rate shifted by +0.0020 (+8.26%).

2023 Avg (July) 0.0259

2022 Avg (July) 0.0239

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0256	0.0247	0.0253
February	0.0258	0.0247	0.0251
March	0.0256	0.0247	0.0251
April	0.0261	0.0253	0.0257
May	0.0262	0.0249	0.0255
June	0.0257	0.0250	0.0254
July	0.0264	0.0255	0.0259
August	0.0258	0.0253	0.0256
September	0.0253	0.0248	0.0251
October	0.0251	0.0245	0.0248
November	0.0258	0.0248	0.0253
December	0.0260	0.0252	0.0256