YEARLY HIGH
0.0058 MVR
YEARLY LOW
0.0052 MVR
YEARLY AVERAGE
0.0055 MVR

2024 CDF to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0058. Conversely, the yearly low was recorded on May 2, dropping to 0.0052.

This high-to-low spread represents a total annual volatility of 0.0006 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0057 to the December average rate of 0.0054, the exchange rate registered a net change of -4.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0058 was down 23.85% compared to the 2023 peak of 0.0076, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 29 MVR
2023 Average 33 MVR
Yearly Trough Low 26 MVR
Transaction Impact: A difference of 3.07 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0057
0.0053
JanuMarcMayJulySeptNove

CDF 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 0.0055, compared to 0.0054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0055
H2 Avg (Jul–Dec) 0.0054

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0004 MVR (High: 0.0056 / Low: 0.0052). On the other end, February was the most stable month, with a tight range of 0.0001 MVR (High: 0.0056 / Low: 0.0056).

May Spread (Volatile) ±0.0004
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between October and December, 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 May and June, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0057) against the same month in 2023 (average: 0.0075), the exchange rate shifted by -0.0019 (-24.64%).

2024 Avg (January) 0.0057
2023 Avg (January) 0.0075

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0058 0.0056 0.0057
February 0.0056 0.0056 0.0056
March 0.0056 0.0055 0.0056
April 0.0056 0.0055 0.0055
May 0.0056 0.0052 0.0055
June 0.0055 0.0054 0.0054
July 0.0054 0.0054 0.0054
August 0.0055 0.0053 0.0054
September 0.0054 0.0054 0.0054
October 0.0054 0.0053 0.0054
November 0.0054 0.0054 0.0054
December 0.0054 0.0054 0.0054