2024 MVR to AUD Historical Review

YEARLY HIGH

0.1053 AUD

YEARLY LOW

0.0941 AUD

YEARLY AVERAGE

0.0984 AUD

2024 MVR to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.1053. Conversely, the yearly low was recorded on September 29, dropping to 0.0941.

This high-to-low spread represents a total annual volatility of 0.0112 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0977 to the December average rate of 0.1026, the exchange rate registered a net change of 5.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1053 was up 1.80% compared to the 2023 peak of 0.1034, 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 526 AUD

2023 Average 490 AUD

Yearly Trough Low 471 AUD

Transaction Impact: A difference of 55.97 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1033

0.0955

JanuMarcMayJulySeptNove

MVR to AUD 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 0.0985, compared to 0.0984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0985

H2 Avg (Jul–Dec) 0.0984

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0088 AUD (High: 0.1053 / Low: 0.0965). On the other end, June was the most stable month, with a tight range of 0.0016 AUD (High: 0.0987 / Low: 0.0971).

May Spread (Volatile) ±0.0088

June Spread (Stable) ±0.0016

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 April and May, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0978) against the same month in 2023 (average: 0.0981), the exchange rate shifted by -0.0003 (-0.33%).

2024 Avg (May) 0.0978

2023 Avg (May) 0.0981

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0990	0.0954	0.0977
February	0.1009	0.0988	0.0995
March	0.0998	0.0971	0.0988
April	0.1009	0.0977	0.0995
May	0.1053	0.0965	0.0978
June	0.0987	0.0971	0.0978
July	0.0996	0.0955	0.0973
August	0.1003	0.0958	0.0977
September	0.0979	0.0941	0.0962
October	0.0993	0.0946	0.0972
November	0.1003	0.0972	0.0992
December	0.1050	0.0995	0.1026