YEARLY HIGH
0.3373 LYD
YEARLY LOW
0.3081 LYD
YEARLY AVERAGE
0.3136 LYD

2024 MVR to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.3373. Conversely, the yearly low was recorded on October 1, dropping to 0.3081.

This high-to-low spread represents a total annual volatility of 0.0292 LYD. From a start-to-finish perspective, comparing the January average rate of 0.3120 to the December average rate of 0.3175, the exchange rate registered a net change of 1.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3373 was up 5.52% compared to the 2023 peak of 0.3196, 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 1,686 LYD
2023 Average 1,564 LYD
Yearly Trough Low 1,540 LYD
Transaction Impact: A difference of 145.77 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3183
0.3090
JanuMarcMayJulySeptNove

MVR to LYD 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 0.3137, compared to 0.3135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.3137
H2 Avg (Jul–Dec) 0.3135

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0259 LYD (High: 0.3373 / Low: 0.3114). On the other end, September was the most stable month, with a tight range of 0.0029 LYD (High: 0.3114 / Low: 0.3084).

May Spread (Volatile) ±0.0259
September Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between March and June, 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 0.0033 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.3146) against the same month in 2023 (average: 0.3116), the exchange rate shifted by +0.0030 (+0.95%).

2024 Avg (May) 0.3146
2023 Avg (May) 0.3116

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3133 0.3098 0.3120
February 0.3164 0.3130 0.3143
March 0.3140 0.3095 0.3124
April 0.3155 0.3121 0.3139
May 0.3373 0.3114 0.3146
June 0.3194 0.3136 0.3150
July 0.3162 0.3128 0.3146
August 0.3147 0.3091 0.3114
September 0.3114 0.3084 0.3098
October 0.3145 0.3081 0.3125
November 0.3171 0.3124 0.3151
December 0.3197 0.3153 0.3175