YEARLY HIGH
0.8942 MVR
YEARLY LOW
0.7801 MVR
YEARLY AVERAGE
0.8410 MVR

2024 LSL to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LSL to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.8942. Conversely, the yearly low was recorded on May 2, dropping to 0.7801.

This high-to-low spread represents a total annual volatility of 0.1142 MVR. From a start-to-finish perspective, comparing the January average rate of 0.8196 to the December average rate of 0.8457, the exchange rate registered a net change of 3.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8942 was down 2.33% compared to the 2023 peak of 0.9156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,471 MVR
2023 Average 4,168 MVR
Yearly Trough Low 3,900 MVR
Transaction Impact: A difference of 570.80 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8797
0.8050
JanuMarcMayJulySeptNove

LSL 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 0.8237, compared to 0.8582 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0345 points.

H1 Avg (Jan–Jun) 0.8237
H2 Avg (Jul–Dec) 0.8582

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0745 MVR (High: 0.8546 / Low: 0.7801). On the other end, October was the most stable month, with a tight range of 0.0234 MVR (High: 0.8883 / Low: 0.8649).

May Spread (Volatile) ±0.0745
October Spread (Stable) ±0.0234

Growth Streaks & Declines

Trends

Between June and October, 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 0.0154 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.8719) against the same month in 2023 (average: 0.8132), the exchange rate shifted by +0.0587 (+7.22%).

2024 Avg (September) 0.8719
2023 Avg (September) 0.8132

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8315 0.8032 0.8196
February 0.8280 0.7970 0.8112
March 0.8365 0.8060 0.8184
April 0.8358 0.8047 0.8190
May 0.8546 0.7801 0.8384
June 0.8611 0.8089 0.8356
July 0.8608 0.8315 0.8444
August 0.8708 0.8267 0.8529
September 0.8942 0.8558 0.8719
October 0.8883 0.8649 0.8734
November 0.8841 0.8467 0.8611
December 0.8721 0.8164 0.8457