2023 XDR to MVR Historical Review

YEARLY HIGH

21.0289 MVR

YEARLY LOW

20.0427 MVR

YEARLY AVERAGE

20.5150 MVR

2023 XDR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 21.0289. Conversely, the yearly low was recorded on November 13, dropping to 20.0427.

This high-to-low spread represents a total annual volatility of 0.9861 MVR. From a start-to-finish perspective, comparing the January average rate of 20.6682 to the December average rate of 20.5020, the exchange rate registered a net change of -0.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.0289 was down 3.70% compared to the 2022 peak of 21.8379, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105,144 MVR

2022 Average 105,759 MVR

Yearly Trough Low 100,214 MVR

Transaction Impact: A difference of 4,930.70 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

20.7808

20.1562

JanuMarcMayJulySeptNove

XDR 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 20.5980, compared to 20.4320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1660 points.

H1 Avg (Jan–Jun) 20.5980

H2 Avg (Jul–Dec) 20.4320

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.5212 MVR (High: 20.5639 / Low: 20.0427). On the other end, October was the most stable month, with a tight range of 0.2568 MVR (High: 20.3412 / Low: 20.0844).

November Spread (Volatile) ±0.5212

October Spread (Stable) ±0.2568

Growth Streaks & Declines

Trends

Between October and December, 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 September and October, when the average rate fell by 0.1738 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1738

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 20.7288) against the same month in 2022 (average: 21.3868), the exchange rate shifted by -0.6580 (-3.08%).

2023 Avg (April) 20.7288

2022 Avg (April) 21.3868

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.7717	20.4289	20.6682
February	20.8388	20.3757	20.5640
March	20.7292	20.3816	20.5152
April	21.0289	20.6218	20.7288
May	20.7882	20.3775	20.6337
June	20.6567	20.3626	20.4783
July	20.8721	20.4123	20.6623
August	20.7677	20.4010	20.5221
September	20.5880	20.1498	20.3820
October	20.3412	20.0844	20.2082
November	20.5639	20.0427	20.3157
December	20.6671	20.3373	20.5020