2024 MVR to TJS Historical Review

YEARLY HIGH

0.7557 TJS

YEARLY LOW

0.6823 TJS

YEARLY AVERAGE

0.7001 TJS

2024 MVR to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.7557. Conversely, the yearly low was recorded on August 4, dropping to 0.6823.

This high-to-low spread represents a total annual volatility of 0.0734 TJS. From a start-to-finish perspective, comparing the January average rate of 0.7093 to the December average rate of 0.7082, the exchange rate registered a net change of -0.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7557 was up 5.25% compared to the 2023 peak of 0.7180, 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 3,778 TJS

2023 Average 3,515 TJS

Yearly Trough Low 3,411 TJS

Transaction Impact: A difference of 366.89 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7131

0.6876

JanuMarcMayJulySeptNove

MVR to TJS 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 0.7057, compared to 0.6946 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 0.7057

H2 Avg (Jul–Dec) 0.6946

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0618 TJS (High: 0.7557 / Low: 0.6939). On the other end, April was the most stable month, with a tight range of 0.0039 TJS (High: 0.7094 / Low: 0.7056).

May Spread (Volatile) ±0.0618

April Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between August and October, 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 May and June, when the average rate fell by 0.0091 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.7033) against the same month in 2023 (average: 0.7115), the exchange rate shifted by -0.0082 (-1.16%).

2024 Avg (May) 0.7033

2023 Avg (May) 0.7115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7127	0.7076	0.7093
February	0.7159	0.7081	0.7110
March	0.7133	0.7044	0.7090
April	0.7094	0.7056	0.7075
May	0.7557	0.6939	0.7033
June	0.7017	0.6869	0.6942
July	0.6946	0.6873	0.6910
August	0.6971	0.6823	0.6897
September	0.6957	0.6910	0.6934
October	0.6967	0.6918	0.6940
November	0.7055	0.6854	0.6912
December	0.7103	0.7037	0.7082