YEARLY HIGH
0.1182 MVR
YEARLY LOW
0.1089 MVR
YEARLY AVERAGE
0.1167 MVR

2024 HTG to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HTG to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.1182. Conversely, the yearly low was recorded on May 2, dropping to 0.1089.

This high-to-low spread represents a total annual volatility of 0.0093 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1170 to the December average rate of 0.1178, the exchange rate registered a net change of 0.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1182 was up 0.88% compared to the 2023 peak of 0.1172, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 591 MVR
2023 Average 545 MVR
Yearly Trough Low 545 MVR
Transaction Impact: A difference of 46.25 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1180
0.1159
JanuMarcMayJulySeptNove

HTG 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 0.1165, compared to 0.1169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1165
H2 Avg (Jul–Dec) 0.1169

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0079 MVR (High: 0.1169 / Low: 0.1089). On the other end, April was the most stable month, with a tight range of 0.0005 MVR (High: 0.1169 / Low: 0.1164).

May Spread (Volatile) ±0.0079
April Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1178) against the same month in 2023 (average: 0.1163), the exchange rate shifted by +0.0015 (+1.31%).

2024 Avg (December) 0.1178
2023 Avg (December) 0.1163

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1173 0.1165 0.1170
February 0.1172 0.1160 0.1166
March 0.1173 0.1159 0.1165
April 0.1169 0.1164 0.1166
May 0.1169 0.1089 0.1163
June 0.1164 0.1152 0.1161
July 0.1172 0.1162 0.1165
August 0.1177 0.1161 0.1168
September 0.1168 0.1161 0.1164
October 0.1167 0.1159 0.1165
November 0.1182 0.1167 0.1174
December 0.1182 0.1174 0.1178