2024 KZT to MVR Historical Review

YEARLY HIGH

0.0352 MVR

YEARLY LOW

0.0293 MVR

YEARLY AVERAGE

0.0329 MVR

2024 KZT to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KZT to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 0.0352. Conversely, the yearly low was recorded on December 20, dropping to 0.0293.

This high-to-low spread represents a total annual volatility of 0.0058 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0341 to the December average rate of 0.0296, the exchange rate registered a net change of -13.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0352 was down 1.18% compared to the 2023 peak of 0.0356, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 176 MVR

2023 Average 168 MVR

Yearly Trough Low 147 MVR

Transaction Impact: A difference of 29.24 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0354

0.0290

JanuMarcMayJulySeptNove

KZT 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 0.0343, compared to 0.0315 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0343

H2 Avg (Jul–Dec) 0.0315

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0026 MVR (High: 0.0352 / Low: 0.0326). On the other end, September was the most stable month, with a tight range of 0.0004 MVR (High: 0.0322 / Low: 0.0318).

May Spread (Volatile) ±0.0026

September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0015 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0349) against the same month in 2023 (average: 0.0344), the exchange rate shifted by +0.0005 (+1.39%).

2024 Avg (May) 0.0349

2023 Avg (May) 0.0344

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0346	0.0336	0.0341
February	0.0345	0.0338	0.0342
March	0.0347	0.0340	0.0344
April	0.0350	0.0344	0.0346
May	0.0352	0.0326	0.0349
June	0.0346	0.0323	0.0338
July	0.0327	0.0322	0.0324
August	0.0327	0.0318	0.0321
September	0.0322	0.0318	0.0320
October	0.0319	0.0310	0.0316
November	0.0315	0.0299	0.0311
December	0.0303	0.0293	0.0296