2024 BTN to MVR Historical Review

YEARLY HIGH

0.1879 MVR

YEARLY LOW

0.1732 MVR

YEARLY AVERAGE

0.1841 MVR

2024 BTN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.1879. Conversely, the yearly low was recorded on May 2, dropping to 0.1732.

This high-to-low spread represents a total annual volatility of 0.0147 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1853 to the December average rate of 0.1814, the exchange rate registered a net change of -2.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1879 was down 1.25% compared to the 2023 peak of 0.1903, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 939 MVR

2023 Average 931 MVR

Yearly Trough Low 866 MVR

Transaction Impact: A difference of 73.28 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1865

0.1809

JanuMarcMayJulySeptNove

BTN 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 0.1853, compared to 0.1830 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.1853

H2 Avg (Jul–Dec) 0.1830

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0133 MVR (High: 0.1865 / Low: 0.1732). On the other end, April was the most stable month, with a tight range of 0.0011 MVR (High: 0.1860 / Low: 0.1849).

May Spread (Volatile) ±0.0133

April Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.1860) against the same month in 2023 (average: 0.1870), the exchange rate shifted by -0.0010 (-0.54%).

2024 Avg (March) 0.1860

2023 Avg (March) 0.1870

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1860	0.1832	0.1853
February	0.1861	0.1841	0.1855
March	0.1879	0.1851	0.1860
April	0.1860	0.1849	0.1854
May	0.1865	0.1732	0.1850
June	0.1854	0.1828	0.1844
July	0.1855	0.1833	0.1842
August	0.1851	0.1826	0.1835
September	0.1841	0.1825	0.1832
October	0.1834	0.1822	0.1826
November	0.1840	0.1820	0.1830
December	0.1831	0.1798	0.1814