2024 CHF to MVR Historical Review

YEARLY HIGH

18.2916 MVR

YEARLY LOW

15.8877 MVR

YEARLY AVERAGE

17.4996 MVR

2024 CHF to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CHF to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 18.2916. Conversely, the yearly low was recorded on May 2, dropping to 15.8877.

This high-to-low spread represents a total annual volatility of 2.4039 MVR. From a start-to-finish perspective, comparing the January average rate of 17.9477 to the December average rate of 17.2762, the exchange rate registered a net change of -3.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.2916 was down 0.12% compared to the 2023 peak of 18.3138, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 91,458 MVR

2023 Average 85,589 MVR

Yearly Trough Low 79,438 MVR

Transaction Impact: A difference of 12,019.72 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.2453

16.8509

JanuMarcMayJulySeptNove

CHF 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 17.3386, compared to 17.6605 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3219 points.

H1 Avg (Jan–Jun) 17.3386

H2 Avg (Jul–Dec) 17.6605

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 1.2658 MVR (High: 17.1535 / Low: 15.8877). On the other end, September was the most stable month, with a tight range of 0.2450 MVR (High: 18.2591 / Low: 18.0142).

May Spread (Volatile) ±1.2658

September Spread (Stable) ±0.2450

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3916 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3916

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 17.9477) against the same month in 2023 (average: 16.6494), the exchange rate shifted by +1.2983 (+7.80%).

2024 Avg (January) 17.9477

2023 Avg (January) 16.6494

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.2916	17.7074	17.9477
February	17.9563	17.2960	17.5562
March	17.6933	17.0708	17.3668
April	17.1419	16.8108	16.9803
May	17.1535	15.8877	16.9671
June	17.4139	16.9536	17.2137
July	17.4892	17.0396	17.2647
August	18.2468	17.5836	17.9363
September	18.2591	18.0142	18.1291
October	18.1506	17.6852	17.8264
November	17.8668	17.2969	17.5301
December	17.5384	16.9660	17.2762