2024 MVR to DJF Historical Review

YEARLY HIGH

12.2976 DJF

YEARLY LOW

11.4228 DJF

YEARLY AVERAGE

11.5448 DJF

2024 MVR to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 12.2976. Conversely, the yearly low was recorded on March 19, dropping to 11.4228.

This high-to-low spread represents a total annual volatility of 0.8748 DJF. From a start-to-finish perspective, comparing the January average rate of 11.5517 to the December average rate of 11.5430, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.2976 was up 5.06% compared to the 2023 peak of 11.7058, 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 61,488 DJF

2023 Average 57,848 DJF

Yearly Trough Low 57,114 DJF

Transaction Impact: A difference of 4,374.09 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.5948

11.4980

JanuMarcMayJulySeptNove

MVR to DJF 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 11.5342, compared to 11.5554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0213 points.

H1 Avg (Jan–Jun) 11.5342

H2 Avg (Jul–Dec) 11.5554

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.8737 DJF (High: 12.2976 / Low: 11.4239). On the other end, April was the most stable month, with a tight range of 0.0553 DJF (High: 11.5470 / Low: 11.4917).

May Spread (Volatile) ±0.8737

April Spread (Stable) ±0.0553

Growth Streaks & Declines

Trends

Between April and July, 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 0.0610 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0610

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 11.5218) against the same month in 2023 (average: 11.5902), the exchange rate shifted by -0.0685 (-0.59%).

2024 Avg (May) 11.5218

2023 Avg (May) 11.5902

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.5909	11.5151	11.5517
February	11.6680	11.5243	11.5586
March	11.5902	11.4228	11.5171
April	11.5470	11.4917	11.5061
May	12.2976	11.4239	11.5218
June	11.6529	11.4935	11.5497
July	11.6027	11.4812	11.5502
August	11.6103	11.4888	11.5480
September	11.6603	11.5630	11.5868
October	11.6484	11.5309	11.5828
November	11.6244	11.4731	11.5218
December	11.5806	11.4935	11.5430