YEARLY HIGH
0.0190 MVR
YEARLY LOW
0.0149 MVR
YEARLY AVERAGE
0.0169 MVR

2024 ARS to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0190. Conversely, the yearly low was recorded on December 30, dropping to 0.0149.

This high-to-low spread represents a total annual volatility of 0.0041 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0188 to the December average rate of 0.0151, the exchange rate registered a net change of -19.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0190 was down 78.17% compared to the 2023 peak of 0.0871, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 95 MVR
2023 Average 294 MVR
Yearly Trough Low 75 MVR
Transaction Impact: A difference of 20.41 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0192
0.0147
JanuMarcMayJulySeptNove

ARS 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 0.0180, compared to 0.0159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0180
H2 Avg (Jul–Dec) 0.0159

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0013 MVR (High: 0.0177 / Low: 0.0165). On the other end, November was the most stable month, with a tight range of 0.0003 MVR (High: 0.0156 / Low: 0.0153).

May Spread (Volatile) ±0.0013
November Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0004 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0188) against the same month in 2023 (average: 0.0845), the exchange rate shifted by -0.0657 (-77.72%).

2024 Avg (January) 0.0188
2023 Avg (January) 0.0845

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0190 0.0186 0.0188
February 0.0186 0.0183 0.0185
March 0.0183 0.0180 0.0181
April 0.0180 0.0176 0.0178
May 0.0177 0.0165 0.0174
June 0.0172 0.0168 0.0170
July 0.0169 0.0165 0.0167
August 0.0166 0.0161 0.0164
September 0.0161 0.0158 0.0160
October 0.0158 0.0155 0.0157
November 0.0156 0.0153 0.0154
December 0.0153 0.0149 0.0151