YEARLY HIGH
0.5379 GTQ
YEARLY LOW
0.4976 GTQ
YEARLY AVERAGE
0.5040 GTQ

2024 MVR to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.5379. Conversely, the yearly low was recorded on November 18, dropping to 0.4976.

This high-to-low spread represents a total annual volatility of 0.0403 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.5076 to the December average rate of 0.5001, the exchange rate registered a net change of -1.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5379 was up 4.21% compared to the 2023 peak of 0.5162, 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 2,689 GTQ
2023 Average 2,547 GTQ
Yearly Trough Low 2,488 GTQ
Transaction Impact: A difference of 201.25 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5084
0.4994
JanuMarcMayJulySeptNove

MVR to GTQ 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 0.5053, compared to 0.5026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.5053
H2 Avg (Jul–Dec) 0.5026

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0380 GTQ (High: 0.5379 / Low: 0.4999). On the other end, April was the most stable month, with a tight range of 0.0024 GTQ (High: 0.5047 / Low: 0.5023).

May Spread (Volatile) ±0.0380
April Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0036 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.5037) against the same month in 2023 (average: 0.5085), the exchange rate shifted by -0.0048 (-0.95%).

2024 Avg (May) 0.5037
2023 Avg (May) 0.5085

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5094 0.5056 0.5076
February 0.5120 0.5057 0.5074
March 0.5082 0.5016 0.5054
April 0.5047 0.5023 0.5034
May 0.5379 0.4999 0.5037
June 0.5091 0.5025 0.5045
July 0.5061 0.5011 0.5040
August 0.5053 0.5000 0.5033
September 0.5046 0.5022 0.5037
October 0.5062 0.5029 0.5040
November 0.5033 0.4976 0.5004
December 0.5015 0.4981 0.5001