2024 MVR to KMF Historical Review

YEARLY HIGH

31.7693 KMF

YEARLY LOW

28.6483 KMF

YEARLY AVERAGE

29.5512 KMF

2024 MVR to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 31.7693. Conversely, the yearly low was recorded on August 21, dropping to 28.6483.

This high-to-low spread represents a total annual volatility of 3.1210 KMF. From a start-to-finish perspective, comparing the January average rate of 29.3057 to the December average rate of 30.5012, the exchange rate registered a net change of 4.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 31.7693 was up 3.91% compared to the 2023 peak of 30.5747, 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 158,846 KMF

2023 Average 148,171 KMF

Yearly Trough Low 143,242 KMF

Transaction Impact: A difference of 15,604.81 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

30.6629

28.7221

JanuMarcMayJulySeptNove

MVR to KMF 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 29.5386, compared to 29.5639 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0254 points.

H1 Avg (Jan–Jun) 29.5386

H2 Avg (Jul–Dec) 29.5639

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 2.5030 KMF (High: 31.7693 / Low: 29.2663). On the other end, September was the most stable month, with a tight range of 0.4015 KMF (High: 29.0983 / Low: 28.6968).

May Spread (Volatile) ±2.5030

September Spread (Stable) ±0.4015

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.4175 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 29.5574) against the same month in 2023 (average: 29.5368), the exchange rate shifted by +0.0205 (+0.07%).

2024 Avg (May) 29.5574

2023 Avg (May) 29.5368

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	29.5779	28.9058	29.3057
February	29.9463	29.4480	29.6236
March	29.5372	28.9576	29.3576
April	30.0065	29.3592	29.7001
May	31.7693	29.2663	29.5574
June	30.1245	29.3721	29.6869
July	29.8214	29.2470	29.5035
August	29.7427	28.6483	29.0861
September	29.0983	28.6968	28.8839
October	29.6971	28.9681	29.4115
November	30.5628	29.2375	29.9974
December	30.8628	30.2037	30.5012