YEARLY HIGH
39.4673 SDG
YEARLY LOW
36.9017 SDG
YEARLY AVERAGE
38.8299 SDG

2024 MVR to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 39.4673. Conversely, the yearly low was recorded on May 1, dropping to 36.9017.

This high-to-low spread represents a total annual volatility of 2.5656 SDG. From a start-to-finish perspective, comparing the January average rate of 39.0227 to the December average rate of 39.0372, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 39.4673 was up 0.15% compared to the 2023 peak of 39.4098, 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 197,337 SDG
2023 Average 193,987 SDG
Yearly Trough Low 184,508 SDG
Transaction Impact: A difference of 12,828.15 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

39.2973
37.8296
JanuMarcMayJulySeptNove

MVR to SDG 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 38.6444, compared to 39.0154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3710 points.

H1 Avg (Jan–Jun) 38.6444
H2 Avg (Jul–Dec) 39.0154

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 2.5656 SDG (High: 39.4673 / Low: 36.9017). On the other end, October was the most stable month, with a tight range of 0.0255 SDG (High: 39.1857 / Low: 39.1602).

May Spread (Volatile) ±2.5656
October Spread (Stable) ±0.0255

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.5653 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5653

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 38.8370) against the same month in 2023 (average: 39.1071), the exchange rate shifted by -0.2701 (-0.69%).

2024 Avg (May) 38.8370
2023 Avg (May) 39.1071

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 39.0386 39.0006 39.0227
February 39.1531 38.9627 39.0338
March 39.0260 37.6849 38.4685
April 38.8673 37.9043 37.9519
May 39.4673 36.9017 38.8370
June 39.3711 38.0273 38.5524
July 39.1857 38.0396 38.6299
August 39.1857 38.9951 39.1106
September 39.1857 39.1602 39.1716
October 39.1857 39.1602 39.1750
November 39.1729 38.9069 38.9679
December 39.0584 38.9069 39.0372