2024 MVR to BRL Historical Review

YEARLY HIGH

0.4373 BRL

YEARLY LOW

0.3152 BRL

YEARLY AVERAGE

0.3501 BRL

2024 MVR to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.4373. Conversely, the yearly low was recorded on January 1, dropping to 0.3152.

This high-to-low spread represents a total annual volatility of 0.1221 BRL. From a start-to-finish perspective, comparing the January average rate of 0.3187 to the December average rate of 0.3974, 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 0.4373 was up 22.97% compared to the 2023 peak of 0.3556, 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 2,186 BRL

2023 Average 1,624 BRL

Yearly Trough Low 1,576 BRL

Transaction Impact: A difference of 610.39 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4052

0.3109

JanuMarcMayJulySeptNove

MVR to BRL 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 0.3299, compared to 0.3703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0403 points.

H1 Avg (Jan–Jun) 0.3299

H2 Avg (Jul–Dec) 0.3703

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0508 BRL (High: 0.4373 / Low: 0.3864). On the other end, February was the most stable month, with a tight range of 0.0052 BRL (High: 0.3244 / Low: 0.3192).

December Spread (Volatile) ±0.0508

February Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0004 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3974) against the same month in 2023 (average: 0.3186), the exchange rate shifted by +0.0788 (+24.74%).

2024 Avg (December) 0.3974

2023 Avg (December) 0.3186

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3240	0.3152	0.3187
February	0.3244	0.3192	0.3225
March	0.3266	0.3196	0.3229
April	0.3422	0.3242	0.3317
May	0.3536	0.3281	0.3331
June	0.3664	0.3396	0.3506
July	0.3686	0.3505	0.3599
August	0.3747	0.3511	0.3612
September	0.3691	0.3532	0.3608
October	0.3773	0.3532	0.3662
November	0.3893	0.3687	0.3761
December	0.4373	0.3864	0.3974