2024 MDL to MVR Historical Review

YEARLY HIGH

0.8899 MVR

YEARLY LOW

0.8213 MVR

YEARLY AVERAGE

0.8688 MVR

2024 MDL to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.8899. Conversely, the yearly low was recorded on May 2, dropping to 0.8213.

This high-to-low spread represents a total annual volatility of 0.0686 MVR. From a start-to-finish perspective, comparing the January average rate of 0.8740 to the December average rate of 0.8412, the exchange rate registered a net change of -3.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8899 was down 0.04% compared to the 2023 peak of 0.8903, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,450 MVR

2023 Average 4,249 MVR

Yearly Trough Low 4,107 MVR

Transaction Impact: A difference of 342.87 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8879

0.8370

JanuMarcMayJulySeptNove

MDL 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 0.8712, compared to 0.8663 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.8712

H2 Avg (Jul–Dec) 0.8663

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0580 MVR (High: 0.8794 / Low: 0.8213). On the other end, February was the most stable month, with a tight range of 0.0086 MVR (High: 0.8691 / Low: 0.8605).

May Spread (Volatile) ±0.0580

February Spread (Stable) ±0.0086

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 September and October, when the average rate fell by 0.0152 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.8740) against the same month in 2023 (average: 0.8101), the exchange rate shifted by +0.0639 (+7.89%).

2024 Avg (January) 0.8740

2023 Avg (January) 0.8101

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8899	0.8673	0.8740
February	0.8691	0.8605	0.8648
March	0.8860	0.8672	0.8743
April	0.8788	0.8626	0.8719
May	0.8794	0.8213	0.8735
June	0.8786	0.8535	0.8689
July	0.8774	0.8642	0.8696
August	0.8898	0.8659	0.8796
September	0.8889	0.8775	0.8836
October	0.8843	0.8539	0.8684
November	0.8671	0.8446	0.8555
December	0.8480	0.8342	0.8412