2024 MVR to NZD Historical Review

YEARLY HIGH

0.1161 NZD

YEARLY LOW

0.1025 NZD

YEARLY AVERAGE

0.1074 NZD

2024 MVR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1161. Conversely, the yearly low was recorded on September 24, dropping to 0.1025.

This high-to-low spread represents a total annual volatility of 0.0136 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1052 to the December average rate of 0.1131, the exchange rate registered a net change of 7.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1161 was up 3.56% compared to the 2023 peak of 0.1121, 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 580 NZD

2023 Average 530 NZD

Yearly Trough Low 512 NZD

Transaction Impact: A difference of 68.02 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1140

0.1038

JanuMarcMayJulySeptNove

MVR to NZD 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 0.1065, compared to 0.1082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.1065

H2 Avg (Jul–Dec) 0.1082

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0108 NZD (High: 0.1160 / Low: 0.1052). On the other end, February was the most stable month, with a tight range of 0.0028 NZD (High: 0.1076 / Low: 0.1048).

May Spread (Volatile) ±0.0108

February Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1131) against the same month in 2023 (average: 0.1044), the exchange rate shifted by +0.0087 (+8.32%).

2024 Avg (December) 0.1131

2023 Avg (December) 0.1044

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1069	0.1028	0.1052
February	0.1076	0.1048	0.1060
March	0.1085	0.1044	0.1067
April	0.1101	0.1067	0.1087
May	0.1160	0.1052	0.1068
June	0.1076	0.1047	0.1059
July	0.1109	0.1053	0.1077
August	0.1098	0.1040	0.1069
September	0.1062	0.1025	0.1046
October	0.1091	0.1037	0.1072
November	0.1113	0.1078	0.1097
December	0.1161	0.1095	0.1131