2024 MVR to PLN Historical Review

YEARLY HIGH

0.2992 PLN

YEARLY LOW

0.2475 PLN

YEARLY AVERAGE

0.2585 PLN

2024 MVR to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2992. Conversely, the yearly low was recorded on September 24, dropping to 0.2475.

This high-to-low spread represents a total annual volatility of 0.0516 PLN. From a start-to-finish perspective, comparing the January average rate of 0.2610 to the December average rate of 0.2646, the exchange rate registered a net change of 1.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2992 was up 2.55% compared to the 2023 peak of 0.2917, 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 1,496 PLN

2023 Average 1,365 PLN

Yearly Trough Low 1,238 PLN

Transaction Impact: A difference of 258.23 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2660

0.2493

JanuMarcMayJulySeptNove

MVR to PLN 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 0.2593, compared to 0.2578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.2593

H2 Avg (Jul–Dec) 0.2578

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0425 PLN (High: 0.2992 / Low: 0.2566). On the other end, September was the most stable month, with a tight range of 0.0061 PLN (High: 0.2536 / Low: 0.2475).

January Spread (Volatile) ±0.0425

September Spread (Stable) ±0.0061

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 June and July, when the average rate fell by 0.0046 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2610) against the same month in 2023 (average: 0.2818), the exchange rate shifted by -0.0208 (-7.38%).

2024 Avg (January) 0.2610

2023 Avg (January) 0.2818

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2992	0.2566	0.2610
February	0.2640	0.2578	0.2603
March	0.2588	0.2516	0.2568
April	0.2661	0.2538	0.2598
May	0.2793	0.2534	0.2569
June	0.2656	0.2544	0.2609
July	0.2611	0.2523	0.2562
August	0.2598	0.2479	0.2531
September	0.2536	0.2475	0.2507
October	0.2626	0.2523	0.2580
November	0.2693	0.2585	0.2641
December	0.2684	0.2617	0.2646