YEARLY HIGH
0.1739 MVR
YEARLY LOW
0.1540 MVR
YEARLY AVERAGE
0.1656 MVR

2024 ALL to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ALL to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.1739. Conversely, the yearly low was recorded on May 2, dropping to 0.1540.

This high-to-low spread represents a total annual volatility of 0.0200 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1618 to the December average rate of 0.1642, the exchange rate registered a net change of 1.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1739 was up 1.29% compared to the 2023 peak of 0.1717, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 870 MVR
2023 Average 766 MVR
Yearly Trough Low 770 MVR
Transaction Impact: A difference of 99.78 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1728
0.1588
JanuMarcMayJulySeptNove

ALL 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 0.1630, compared to 0.1681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.1630
H2 Avg (Jul–Dec) 0.1681

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0138 MVR (High: 0.1678 / Low: 0.1540). On the other end, February was the most stable month, with a tight range of 0.0027 MVR (High: 0.1611 / Low: 0.1583).

May Spread (Volatile) ±0.0138
February Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between February and May, 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 0.0031 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1716) against the same month in 2023 (average: 0.1540), the exchange rate shifted by +0.0176 (+11.45%).

2024 Avg (September) 0.1716
2023 Avg (September) 0.1540

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1642 0.1605 0.1618
February 0.1611 0.1583 0.1600
March 0.1644 0.1606 0.1622
April 0.1648 0.1614 0.1633
May 0.1678 0.1540 0.1658
June 0.1674 0.1629 0.1650
July 0.1681 0.1646 0.1665
August 0.1723 0.1655 0.1695
September 0.1739 0.1698 0.1716
October 0.1727 0.1679 0.1696
November 0.1714 0.1641 0.1673
December 0.1663 0.1624 0.1642