2024 MVR to CHF Historical Review

YEARLY HIGH

0.0629 CHF

YEARLY LOW

0.0547 CHF

YEARLY AVERAGE

0.0572 CHF

2024 MVR to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.0629. Conversely, the yearly low was recorded on January 1, dropping to 0.0547.

This high-to-low spread represents a total annual volatility of 0.0083 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0557 to the December average rate of 0.0579, the exchange rate registered a net change of 3.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0629 was up 2.53% compared to the 2023 peak of 0.0614, 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 315 CHF

2023 Average 292 CHF

Yearly Trough Low 273 CHF

Transaction Impact: A difference of 41.36 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0593

0.0548

JanuMarcMayJulySeptNove

MVR to CHF 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 0.0577, compared to 0.0566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0577

H2 Avg (Jul–Dec) 0.0566

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0046 CHF (High: 0.0629 / Low: 0.0583). On the other end, September was the most stable month, with a tight range of 0.0007 CHF (High: 0.0555 / Low: 0.0548).

May Spread (Volatile) ±0.0046

September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0022 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0589) against the same month in 2023 (average: 0.0585), the exchange rate shifted by +0.0004 (+0.71%).

2024 Avg (May) 0.0589

2023 Avg (May) 0.0585

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0565	0.0547	0.0557
February	0.0578	0.0557	0.0570
March	0.0586	0.0565	0.0576
April	0.0595	0.0583	0.0589
May	0.0629	0.0583	0.0589
June	0.0590	0.0574	0.0581
July	0.0587	0.0572	0.0579
August	0.0569	0.0548	0.0558
September	0.0555	0.0548	0.0552
October	0.0565	0.0551	0.0561
November	0.0578	0.0560	0.0570
December	0.0589	0.0570	0.0579