YEARLY HIGH
0.1245 AWG
YEARLY LOW
0.1158 AWG
YEARLY AVERAGE
0.1169 AWG

2024 MVR to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.1245. Conversely, the yearly low was recorded on March 13, dropping to 0.1158.

This high-to-low spread represents a total annual volatility of 0.0087 AWG. From a start-to-finish perspective, comparing the January average rate of 0.1170 to the December average rate of 0.1168, the exchange rate registered a net change of -0.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1245 was up 5.50% compared to the 2023 peak of 0.1180, 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 623 AWG
2023 Average 586 AWG
Yearly Trough Low 579 AWG
Transaction Impact: A difference of 43.53 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1174
0.1165
JanuMarcMayJulySeptNove

MVR to AWG 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 0.1168, compared to 0.1170 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) 0.1168
H2 Avg (Jul–Dec) 0.1170

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0081 AWG (High: 0.1245 / Low: 0.1164). On the other end, October was the most stable month, with a tight range of 0.0002 AWG (High: 0.1174 / Low: 0.1172).

May Spread (Volatile) ±0.0081
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

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 0.1171 0.1168 0.1170
February 0.1174 0.1167 0.1170
March 0.1170 0.1158 0.1167
April 0.1167 0.1164 0.1165
May 0.1245 0.1164 0.1168
June 0.1181 0.1165 0.1170
July 0.1174 0.1164 0.1170
August 0.1174 0.1167 0.1171
September 0.1174 0.1172 0.1173
October 0.1174 0.1172 0.1173
November 0.1174 0.1162 0.1167
December 0.1170 0.1164 0.1168