2024 MVR to BIF Historical Review

YEARLY HIGH

198.4997 BIF

YEARLY LOW

184.0845 BIF

YEARLY AVERAGE

187.2723 BIF

2024 MVR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 198.4997. Conversely, the yearly low was recorded on March 13, dropping to 184.0845.

This high-to-low spread represents a total annual volatility of 14.4152 BIF. From a start-to-finish perspective, comparing the January average rate of 185.2713 to the December average rate of 191.3057, the exchange rate registered a net change of 3.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 198.4997 was up 6.34% compared to the 2023 peak of 186.6619, 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 992,498 BIF

2023 Average 828,956 BIF

Yearly Trough Low 920,423 BIF

Transaction Impact: A difference of 72,075.84 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

191.9092

184.6679

JanuMarcMayJulySeptNove

MVR to BIF 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 185.7934, compared to 188.7512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9578 points.

H1 Avg (Jan–Jun) 185.7934

H2 Avg (Jul–Dec) 188.7512

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 13.6183 BIF (High: 198.4997 / Low: 184.8814). On the other end, April was the most stable month, with a tight range of 0.9507 BIF (High: 185.8977 / Low: 184.9470).

May Spread (Volatile) ±13.6183

April Spread (Stable) ±0.9507

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.4084 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.4084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 186.0967) against the same month in 2023 (average: 155.9384), the exchange rate shifted by +30.1583 (+19.34%).

2024 Avg (May) 186.0967

2023 Avg (May) 155.9384

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	185.7143	184.5055	185.2713
February	186.6072	185.1268	185.7647
March	186.2662	184.0845	185.3563
April	185.8977	184.9470	185.4303
May	198.4997	184.8814	186.0967
June	188.4714	185.7492	186.8407
July	187.8635	185.6889	186.9891
August	188.3435	186.1985	187.3006
September	189.0397	187.5887	188.4642
October	192.2312	188.3138	189.2006
November	191.7223	187.2574	189.2468
December	192.2483	187.8650	191.3057