2024 MVR to LRD Historical Review

YEARLY HIGH

13.3864 LRD

YEARLY LOW

11.5798 LRD

YEARLY AVERAGE

12.4269 LRD

2024 MVR to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 13.3864. Conversely, the yearly low was recorded on December 3, dropping to 11.5798.

This high-to-low spread represents a total annual volatility of 1.8066 LRD. From a start-to-finish perspective, comparing the January average rate of 12.2806 to the December average rate of 11.7198, the exchange rate registered a net change of -4.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.3864 was up 8.73% compared to the 2023 peak of 12.3115, 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 66,932 LRD

2023 Average 56,835 LRD

Yearly Trough Low 57,899 LRD

Transaction Impact: A difference of 9,032.80 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.8382

11.6181

JanuMarcMayJulySeptNove

MVR to LRD 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 12.4587, compared to 12.3951 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0637 points.

H1 Avg (Jan–Jun) 12.4587

H2 Avg (Jul–Dec) 12.3951

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.9173 LRD (High: 12.5062 / Low: 11.5889). On the other end, February was the most stable month, with a tight range of 0.0837 LRD (High: 12.4214 / Low: 12.3377).

November Spread (Volatile) ±0.9173

February Spread (Stable) ±0.0837

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.5623 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.5623

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 12.5512) against the same month in 2023 (average: 10.8821), the exchange rate shifted by +1.6691 (+15.34%).

2024 Avg (May) 12.5512

2023 Avg (May) 10.8821

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3312	12.2386	12.2806
February	12.4214	12.3377	12.3726
March	12.5032	12.3891	12.4685
April	12.5340	12.1683	12.4727
May	13.3864	12.5097	12.5512
June	12.7383	12.5502	12.6067
July	12.7362	12.5771	12.6605
August	12.9356	12.6555	12.7155
September	13.0246	12.6116	12.7365
October	12.6248	12.5030	12.5502
November	12.5062	11.5889	11.9879
December	11.9489	11.5798	11.7198