YEARLY HIGH
0.1247 ANG
YEARLY LOW
0.1159 ANG
YEARLY AVERAGE
0.1170 ANG

2024 MVR to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.1247. Conversely, the yearly low was recorded on March 19, dropping to 0.1159.

This high-to-low spread represents a total annual volatility of 0.0088 ANG. From a start-to-finish perspective, comparing the January average rate of 0.1170 to the December average rate of 0.1169, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1247 was up 5.24% compared to the 2023 peak of 0.1185, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 624 ANG
2023 Average 586 ANG
Yearly Trough Low 580 ANG
Transaction Impact: A difference of 44.01 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1175
0.1165
JanuMarcMayJulySeptNove

MVR to ANG 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 0.1169, compared to 0.1171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1169
H2 Avg (Jul–Dec) 0.1171

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0088 ANG (High: 0.1247 / Low: 0.1160). On the other end, April was the most stable month, with a tight range of 0.0005 ANG (High: 0.1169 / Low: 0.1163).

May Spread (Volatile) ±0.0088
April Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and October, 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 (May 2024: 0.1168) against the same month in 2023 (average: 0.1174), the exchange rate shifted by -0.0006 (-0.50%).

2024 Avg (May) 0.1168
2023 Avg (May) 0.1174

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1174 0.1167 0.1170
February 0.1181 0.1168 0.1171
March 0.1173 0.1159 0.1167
April 0.1169 0.1163 0.1166
May 0.1247 0.1160 0.1168
June 0.1181 0.1166 0.1171
July 0.1175 0.1163 0.1170
August 0.1177 0.1163 0.1171
September 0.1176 0.1170 0.1174
October 0.1179 0.1172 0.1175
November 0.1174 0.1161 0.1168
December 0.1172 0.1164 0.1169