2024 AUD to MVR Historical Review

YEARLY HIGH

10.6268 MVR

YEARLY LOW

9.4971 MVR

YEARLY AVERAGE

10.1621 MVR

2024 AUD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AUD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 10.6268. Conversely, the yearly low was recorded on May 2, dropping to 9.4971.

This high-to-low spread represents a total annual volatility of 1.1297 MVR. From a start-to-finish perspective, comparing the January average rate of 10.2337 to the December average rate of 9.7460, the exchange rate registered a net change of -4.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.6268 was down 3.26% compared to the 2023 peak of 10.9855, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53,134 MVR

2023 Average 51,071 MVR

Yearly Trough Low 47,486 MVR

Transaction Impact: A difference of 5,648.40 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.4647

9.6807

JanuMarcMayJulySeptNove

AUD 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 10.1516, compared to 10.1726 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0210 points.

H1 Avg (Jan–Jun) 10.1516

H2 Avg (Jul–Dec) 10.1726

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.8642 MVR (High: 10.3613 / Low: 9.4971). On the other end, June was the most stable month, with a tight range of 0.1658 MVR (High: 10.3019 / Low: 10.1361).

May Spread (Volatile) ±0.8642

June Spread (Stable) ±0.1658

Growth Streaks & Declines

Trends

Between April and July, 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 0.3357 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3357

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 10.3994) against the same month in 2023 (average: 9.9012), the exchange rate shifted by +0.4982 (+5.03%).

2024 Avg (September) 10.3994

2023 Avg (September) 9.9012

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.4859	10.0968	10.2337
February	10.1247	9.9059	10.0478
March	10.3006	10.0159	10.1223
April	10.2406	9.9072	10.0550
May	10.3613	9.4971	10.2252
June	10.3019	10.1361	10.2253
July	10.4662	10.0373	10.2787
August	10.4334	9.9681	10.2345
September	10.6268	10.2127	10.3994
October	10.5745	10.0735	10.2951
November	10.2863	9.9729	10.0817
December	10.0520	9.5247	9.7460