2024 MVR to SBD Historical Review

YEARLY HIGH

0.5863 SBD

YEARLY LOW

0.5381 SBD

YEARLY AVERAGE

0.5469 SBD

2024 MVR to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.5863. Conversely, the yearly low was recorded on October 10, dropping to 0.5381.

This high-to-low spread represents a total annual volatility of 0.0483 SBD. From a start-to-finish perspective, comparing the January average rate of 0.5468 to the December average rate of 0.5438, the exchange rate registered a net change of -0.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5863 was up 5.98% compared to the 2023 peak of 0.5533, 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 2,932 SBD

2023 Average 2,715 SBD

Yearly Trough Low 2,690 SBD

Transaction Impact: A difference of 241.28 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5524

0.5400

JanuMarcMayJulySeptNove

MVR to SBD 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 0.5488, compared to 0.5450 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.5488

H2 Avg (Jul–Dec) 0.5450

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0381 SBD (High: 0.5863 / Low: 0.5482). On the other end, November was the most stable month, with a tight range of 0.0045 SBD (High: 0.5431 / Low: 0.5386).

May Spread (Volatile) ±0.0381

November Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0082 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.5502) against the same month in 2023 (average: 0.5426), the exchange rate shifted by +0.0076 (+1.40%).

2024 Avg (May) 0.5502

2023 Avg (May) 0.5426

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5489	0.5423	0.5468
February	0.5527	0.5458	0.5491
March	0.5671	0.5407	0.5485
April	0.5529	0.5463	0.5487
May	0.5863	0.5482	0.5502
June	0.5529	0.5478	0.5497
July	0.5522	0.5451	0.5488
August	0.5542	0.5475	0.5513
September	0.5518	0.5399	0.5432
October	0.5438	0.5381	0.5410
November	0.5431	0.5386	0.5416
December	0.5444	0.5395	0.5438