2024 MVR to SCR Historical Review

YEARLY HIGH

0.9803 SCR

YEARLY LOW

0.8345 SCR

YEARLY AVERAGE

0.8876 SCR

2024 MVR to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.9803. Conversely, the yearly low was recorded on September 24, dropping to 0.8345.

This high-to-low spread represents a total annual volatility of 0.1458 SCR. From a start-to-finish perspective, comparing the January average rate of 0.8689 to the December average rate of 0.9162, the exchange rate registered a net change of 5.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9803 was up 5.90% compared to the 2023 peak of 0.9256, 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 4,901 SCR

2023 Average 4,372 SCR

Yearly Trough Low 4,172 SCR

Transaction Impact: A difference of 728.99 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9210

0.8642

JanuMarcMayJulySeptNove

MVR to SCR 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 0.8810, compared to 0.8942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0132 points.

H1 Avg (Jan–Jun) 0.8810

H2 Avg (Jul–Dec) 0.8942

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1425 SCR (High: 0.9778 / Low: 0.8353). On the other end, February was the most stable month, with a tight range of 0.0384 SCR (High: 0.8974 / Low: 0.8589).

August Spread (Volatile) ±0.1425

February Spread (Stable) ±0.0384

Growth Streaks & Declines

Trends

Between January and March, 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 0.0172 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.8933) against the same month in 2023 (average: 0.8662), the exchange rate shifted by +0.0271 (+3.13%).

2024 Avg (October) 0.8933

2023 Avg (October) 0.8662

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9014	0.8475	0.8689
February	0.8974	0.8589	0.8742
March	0.9232	0.8573	0.8807
April	0.9299	0.8682	0.8795
May	0.9573	0.8686	0.8856
June	0.9533	0.8800	0.8973
July	0.9193	0.8772	0.8961
August	0.9778	0.8353	0.8931
September	0.9094	0.8345	0.8758
October	0.9803	0.8519	0.8933
November	0.9256	0.8671	0.8908
December	0.9798	0.8612	0.9162