2024 LRD to MVR Historical Review

YEARLY HIGH

0.0864 MVR

YEARLY LOW

0.0747 MVR

YEARLY AVERAGE

0.0805 MVR

2024 LRD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.0864. Conversely, the yearly low was recorded on May 2, dropping to 0.0747.

This high-to-low spread represents a total annual volatility of 0.0117 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0814 to the December average rate of 0.0853, the exchange rate registered a net change of 4.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0864 was down 13.54% compared to the 2023 peak of 0.0999, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 432 MVR

2023 Average 442 MVR

Yearly Trough Low 374 MVR

Transaction Impact: A difference of 58.27 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0860

0.0778

JanuMarcMayJulySeptNove

LRD 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 0.0803, compared to 0.0808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0803

H2 Avg (Jul–Dec) 0.0808

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0063 MVR (High: 0.0863 / Low: 0.0800). On the other end, February was the most stable month, with a tight range of 0.0005 MVR (High: 0.0811 / Low: 0.0805).

November Spread (Volatile) ±0.0063

February 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 February and March, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0853) against the same month in 2023 (average: 0.0817), the exchange rate shifted by +0.0037 (+4.48%).

2024 Avg (December) 0.0853

2023 Avg (December) 0.0817

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0817	0.0811	0.0814
February	0.0811	0.0805	0.0808
March	0.0807	0.0800	0.0802
April	0.0822	0.0798	0.0802
May	0.0799	0.0747	0.0797
June	0.0797	0.0785	0.0793
July	0.0795	0.0785	0.0790
August	0.0790	0.0773	0.0786
September	0.0793	0.0768	0.0785
October	0.0800	0.0792	0.0797
November	0.0863	0.0800	0.0835
December	0.0864	0.0837	0.0853