2024 GYD to MVR Historical Review

YEARLY HIGH

0.0743 MVR

YEARLY LOW

0.0690 MVR

YEARLY AVERAGE

0.0736 MVR

2024 GYD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 0.0743. Conversely, the yearly low was recorded on May 2, dropping to 0.0690.

This high-to-low spread represents a total annual volatility of 0.0052 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0736 to the December average rate of 0.0737, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0743 was down 0.17% compared to the 2023 peak of 0.0744, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 371 MVR

2023 Average 366 MVR

Yearly Trough Low 345 MVR

Transaction Impact: A difference of 26.24 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0739

0.0733

JanuMarcMayJulySeptNove

GYD 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 0.0737, compared to 0.0736 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0737

H2 Avg (Jul–Dec) 0.0736

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0052 MVR (High: 0.0743 / Low: 0.0690). On the other end, September was the most stable month, with a tight range of 0.0003 MVR (High: 0.0736 / Low: 0.0733).

May Spread (Volatile) ±0.0052

September Spread (Stable) ±0.0003

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 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0737) against the same month in 2023 (average: 0.0726), the exchange rate shifted by +0.0011 (+1.57%).

2024 Avg (May) 0.0737

2023 Avg (May) 0.0726

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0738	0.0733	0.0736
February	0.0738	0.0729	0.0736
March	0.0742	0.0726	0.0737
April	0.0740	0.0737	0.0738
May	0.0743	0.0690	0.0737
June	0.0739	0.0729	0.0736
July	0.0741	0.0733	0.0736
August	0.0741	0.0732	0.0736
September	0.0736	0.0733	0.0734
October	0.0735	0.0731	0.0734
November	0.0742	0.0734	0.0738
December	0.0740	0.0735	0.0737