2024 MVR to BZD Historical Review

YEARLY HIGH

0.1395 BZD

YEARLY LOW

0.1296 BZD

YEARLY AVERAGE

0.1308 BZD

2024 MVR to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.1395. Conversely, the yearly low was recorded on March 19, dropping to 0.1296.

This high-to-low spread represents a total annual volatility of 0.0099 BZD. From a start-to-finish perspective, comparing the January average rate of 0.1309 to the December average rate of 0.1306, the exchange rate registered a net change of -0.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1395 was up 5.24% compared to the 2023 peak of 0.1325, 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 697 BZD

2023 Average 655 BZD

Yearly Trough Low 648 BZD

Transaction Impact: A difference of 49.26 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1315

0.1303

JanuMarcMayJulySeptNove

MVR to BZD 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 0.1307, compared to 0.1309 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) 0.1307

H2 Avg (Jul–Dec) 0.1309

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0098 BZD (High: 0.1395 / Low: 0.1297). On the other end, April was the most stable month, with a tight range of 0.0006 BZD (High: 0.1307 / Low: 0.1301).

May Spread (Volatile) ±0.0098

April Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.1307) against the same month in 2023 (average: 0.1313), the exchange rate shifted by -0.0006 (-0.49%).

2024 Avg (May) 0.1307

2023 Avg (May) 0.1313

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1313	0.1305	0.1309
February	0.1321	0.1306	0.1310
March	0.1312	0.1296	0.1305
April	0.1307	0.1301	0.1304
May	0.1395	0.1297	0.1307
June	0.1321	0.1304	0.1309
July	0.1314	0.1301	0.1309
August	0.1317	0.1300	0.1309
September	0.1315	0.1309	0.1313
October	0.1319	0.1311	0.1314
November	0.1313	0.1298	0.1306
December	0.1311	0.1298	0.1306