YEARLY HIGH
0.0349 MVR
YEARLY LOW
0.0315 MVR
YEARLY AVERAGE
0.0338 MVR

2024 KMF to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KMF to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 0.0349. Conversely, the yearly low was recorded on May 2, dropping to 0.0315.

This high-to-low spread represents a total annual volatility of 0.0034 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0341 to the December average rate of 0.0328, the exchange rate registered a net change of -3.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0349 was down 0.85% compared to the 2023 peak of 0.0352, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 175 MVR
2023 Average 169 MVR
Yearly Trough Low 157 MVR
Transaction Impact: A difference of 17.15 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0348
0.0326
JanuMarcMayJulySeptNove

KMF 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 0.0339, compared to 0.0338 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0339
H2 Avg (Jul–Dec) 0.0338

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0027 MVR (High: 0.0342 / Low: 0.0315). On the other end, September was the most stable month, with a tight range of 0.0005 MVR (High: 0.0348 / Low: 0.0344).

May Spread (Volatile) ±0.0027
September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0344) against the same month in 2023 (average: 0.0341), the exchange rate shifted by +0.0003 (+0.98%).

2024 Avg (August) 0.0344
2023 Avg (August) 0.0341

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0346 0.0338 0.0341
February 0.0340 0.0334 0.0338
March 0.0345 0.0339 0.0341
April 0.0341 0.0333 0.0337
May 0.0342 0.0315 0.0338
June 0.0340 0.0332 0.0337
July 0.0342 0.0335 0.0339
August 0.0349 0.0336 0.0344
September 0.0348 0.0344 0.0346
October 0.0345 0.0337 0.0340
November 0.0342 0.0327 0.0333
December 0.0331 0.0324 0.0328