2024 GMD to MVR Historical Review

YEARLY HIGH

0.2292 MVR

YEARLY LOW

0.2133 MVR

YEARLY AVERAGE

0.2239 MVR

2024 GMD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.2292. Conversely, the yearly low was recorded on May 2, dropping to 0.2133.

This high-to-low spread represents a total annual volatility of 0.0159 MVR. From a start-to-finish perspective, comparing the January average rate of 0.2289 to the December average rate of 0.2146, the exchange rate registered a net change of -6.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2292 was down 11.53% compared to the 2023 peak of 0.2590, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,146 MVR

2023 Average 1,236 MVR

Yearly Trough Low 1,066 MVR

Transaction Impact: A difference of 79.44 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2303

0.2131

JanuMarcMayJulySeptNove

GMD 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 0.2277, compared to 0.2202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.2277

H2 Avg (Jul–Dec) 0.2202

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0149 MVR (High: 0.2282 / Low: 0.2133). On the other end, April was the most stable month, with a tight range of 0.0007 MVR (High: 0.2281 / Low: 0.2274).

May Spread (Volatile) ±0.0149

April Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between August and October, 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 July and August, when the average rate fell by 0.0067 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2289) against the same month in 2023 (average: 0.2480), the exchange rate shifted by -0.0192 (-7.72%).

2024 Avg (January) 0.2289

2023 Avg (January) 0.2480

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2292	0.2284	0.2289
February	0.2289	0.2266	0.2277
March	0.2289	0.2266	0.2272
April	0.2281	0.2274	0.2276
May	0.2282	0.2133	0.2276
June	0.2280	0.2252	0.2272
July	0.2282	0.2210	0.2270
August	0.2233	0.2162	0.2202
September	0.2242	0.2162	0.2208
October	0.2275	0.2177	0.2216
November	0.2191	0.2154	0.2170
December	0.2177	0.2139	0.2146