2024 MVR to GYD Historical Review

YEARLY HIGH

14.4854 GYD

YEARLY LOW

13.4620 GYD

YEARLY AVERAGE

13.5839 GYD

2024 MVR to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 14.4854. Conversely, the yearly low was recorded on May 19, dropping to 13.4620.

This high-to-low spread represents a total annual volatility of 1.0234 GYD. From a start-to-finish perspective, comparing the January average rate of 13.5882 to the December average rate of 13.5717, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.4854 was up 4.41% compared to the 2023 peak of 13.8740, 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 72,427 GYD

2023 Average 68,356 GYD

Yearly Trough Low 67,310 GYD

Transaction Impact: A difference of 5,117.23 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.6420

13.5319

JanuMarcMayJulySeptNove

MVR to GYD 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 13.5740, compared to 13.5938 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0198 points.

H1 Avg (Jan–Jun) 13.5740

H2 Avg (Jul–Dec) 13.5938

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 1.0234 GYD (High: 14.4854 / Low: 13.4620). On the other end, September was the most stable month, with a tight range of 0.0617 GYD (High: 13.6487 / Low: 13.5871).

May Spread (Volatile) ±1.0234

September Spread (Stable) ±0.0617

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 0.0779 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0779

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 13.5653) against the same month in 2023 (average: 13.7763), the exchange rate shifted by -0.2110 (-1.53%).

2024 Avg (May) 13.5653

2023 Avg (May) 13.7763

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.6343	13.5471	13.5882
February	13.7097	13.5568	13.5957
March	13.7672	13.4696	13.5637
April	13.5685	13.5051	13.5411
May	14.4854	13.4620	13.5653
June	13.7134	13.5393	13.5902
July	13.6345	13.4967	13.5849
August	13.6670	13.4971	13.5919
September	13.6487	13.5871	13.6265
October	13.6854	13.6029	13.6328
November	13.6214	13.4754	13.5549
December	13.6009	13.5075	13.5717