2024 DJF to MVR Historical Review

YEARLY HIGH

0.0875 MVR

YEARLY LOW

0.0813 MVR

YEARLY AVERAGE

0.0866 MVR

2024 DJF to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0875. Conversely, the yearly low was recorded on May 2, dropping to 0.0813.

This high-to-low spread represents a total annual volatility of 0.0062 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0866 to the December average rate of 0.0866, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0875 was down 0.20% compared to the 2023 peak of 0.0877, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 438 MVR

2023 Average 432 MVR

Yearly Trough Low 407 MVR

Transaction Impact: A difference of 31.14 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0870

0.0862

JanuMarcMayJulySeptNove

DJF 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 0.0867, compared to 0.0865 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) 0.0867

H2 Avg (Jul–Dec) 0.0865

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0062 MVR (High: 0.0875 / Low: 0.0813). On the other end, April was the most stable month, with a tight range of 0.0004 MVR (High: 0.0870 / Low: 0.0866).

May Spread (Volatile) ±0.0062

April Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0868) against the same month in 2023 (average: 0.0865), the exchange rate shifted by +0.0003 (+0.33%).

2024 Avg (March) 0.0868

2023 Avg (March) 0.0865

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0868	0.0863	0.0866
February	0.0868	0.0857	0.0865
March	0.0875	0.0863	0.0868
April	0.0870	0.0866	0.0869
May	0.0875	0.0813	0.0868
June	0.0870	0.0858	0.0866
July	0.0871	0.0862	0.0866
August	0.0870	0.0861	0.0866
September	0.0865	0.0858	0.0863
October	0.0867	0.0858	0.0863
November	0.0872	0.0860	0.0868
December	0.0870	0.0864	0.0866