2024 MVR to ARS Historical Review

YEARLY HIGH

66.9471 ARS

YEARLY LOW

52.5794 ARS

YEARLY AVERAGE

59.4118 ARS

2024 MVR to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 66.9471. Conversely, the yearly low was recorded on January 7, dropping to 52.5794.

This high-to-low spread represents a total annual volatility of 14.3677 ARS. From a start-to-finish perspective, comparing the January average rate of 53.0922 to the December average rate of 66.1893, the exchange rate registered a net change of 24.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 66.9471 was up 27.15% compared to the 2023 peak of 52.6506, 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 334,735 ARS

2023 Average 96,305 ARS

Yearly Trough Low 262,897 ARS

Transaction Impact: A difference of 71,838.69 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

67.4990

51.7825

JanuMarcMayJulySeptNove

MVR to ARS 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 55.7746, compared to 63.0489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.2743 points.

H1 Avg (Jan–Jun) 55.7746

H2 Avg (Jul–Dec) 63.0489

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 4.3038 ARS (High: 60.7601 / Low: 56.4562). On the other end, March was the most stable month, with a tight range of 0.8204 ARS (High: 55.4925 / Low: 54.6720).

May Spread (Volatile) ±4.3038

March Spread (Stable) ±0.8204

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 66.1893) against the same month in 2023 (average: 41.0964), the exchange rate shifted by +25.0929 (+61.06%).

2024 Avg (December) 66.1893

2023 Avg (December) 41.0964

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	53.6248	52.5794	53.0922
February	54.6590	53.6743	54.1825
March	55.4925	54.6720	55.1071
April	56.7468	55.4663	56.1559
May	60.7601	56.4562	57.4174
June	59.6458	57.9773	58.6927
July	60.7327	59.1030	59.8875
August	61.9554	60.1755	61.1610
September	63.0964	62.0294	62.5374
October	64.5141	63.1356	63.7797
November	65.3506	64.2252	64.7384
December	66.9471	65.4122	66.1893