2023 YER to MVR Historical Review

YEARLY HIGH

0.0618 MVR

YEARLY LOW

0.0609 MVR

YEARLY AVERAGE

0.0614 MVR

2023 YER to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 0.0618. Conversely, the yearly low was recorded on November 13, dropping to 0.0609.

This high-to-low spread represents a total annual volatility of 0.0009 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0615 to the December average rate of 0.0614, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0618 was down 2.47% compared to the 2022 peak of 0.0634, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 309 MVR

2022 Average 308 MVR

Yearly Trough Low 305 MVR

Transaction Impact: A difference of 4.49 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0616

0.0613

JanuMarcMayJulySeptNove

YER 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 0.0614, compared to 0.0614 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) 0.0614

H2 Avg (Jul–Dec) 0.0614

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0008 MVR (High: 0.0617 / Low: 0.0609). On the other end, February was the most stable month, with a tight range of 0.0001 MVR (High: 0.0614 / Low: 0.0613).

November Spread (Volatile) ±0.0008

February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0616) against the same month in 2022 (average: 0.0617), the exchange rate shifted by -0.0001 (-0.19%).

2023 Avg (September) 0.0616

2022 Avg (September) 0.0617

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0616	0.0613	0.0615
February	0.0614	0.0613	0.0613
March	0.0616	0.0613	0.0614
April	0.0616	0.0613	0.0613
May	0.0614	0.0611	0.0613
June	0.0614	0.0611	0.0613
July	0.0616	0.0612	0.0614
August	0.0615	0.0612	0.0614
September	0.0618	0.0614	0.0616
October	0.0616	0.0613	0.0615
November	0.0617	0.0609	0.0614
December	0.0615	0.0613	0.0614