2024 MVR to SLL Historical Review

YEARLY HIGH

1450.6745 SLL

YEARLY LOW

1348.5209 SLL

YEARLY AVERAGE

1361.4511 SLL

2024 MVR to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 1450.6745. Conversely, the yearly low was recorded on March 19, dropping to 1348.5209.

This high-to-low spread represents a total annual volatility of 102.1536 SLL. From a start-to-finish perspective, comparing the January average rate of 1361.5419 to the December average rate of 1360.9168, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1450.6745 was up 5.50% compared to the 2023 peak of 1375.0492, 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 7,253,373 SLL

2023 Average 6,208,339 SLL

Yearly Trough Low 6,742,605 SLL

Transaction Impact: A difference of 510,768.03 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1366.5944

1356.0804

JanuMarcMayJulySeptNove

MVR to SLL 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 1360.1920, compared to 1362.7103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5184 points.

H1 Avg (Jan–Jun) 1360.1920

H2 Avg (Jul–Dec) 1362.7103

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 94.3032 SLL (High: 1450.6745 / Low: 1356.3713). On the other end, October was the most stable month, with a tight range of 0.8894 SLL (High: 1366.0912 / Low: 1365.2018).

May Spread (Volatile) ±94.3032

October Spread (Stable) ±0.8894

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 7.2183 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -7.2183

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 1359.7653) against the same month in 2023 (average: 1151.1912), the exchange rate shifted by +208.5741 (+18.12%).

2024 Avg (May) 1359.7653

2023 Avg (May) 1151.1912

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1362.0981	1360.7722	1361.5419
February	1366.0912	1359.4489	1362.1251
March	1361.6558	1348.5209	1358.6426
April	1357.6886	1356.3713	1356.9566
May	1450.6745	1356.3713	1359.7653
June	1373.6979	1357.2492	1362.1204
July	1366.0912	1356.3713	1362.0516
August	1366.0912	1359.4489	1363.4734
September	1366.0912	1365.2018	1365.6020
October	1366.0912	1365.2018	1365.7182
November	1365.6464	1356.3713	1358.4999
December	1361.6558	1356.3713	1360.9168