2024 MVR to TOP Historical Review

YEARLY HIGH

0.1650 TOP

YEARLY LOW

0.1513 TOP

YEARLY AVERAGE

0.1538 TOP

2024 MVR to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.1650. Conversely, the yearly low was recorded on January 1, dropping to 0.1513.

This high-to-low spread represents a total annual volatility of 0.0137 TOP. From a start-to-finish perspective, comparing the January average rate of 0.1529 to the December average rate of 0.1554, the exchange rate registered a net change of 1.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1650 was up 4.93% compared to the 2023 peak of 0.1573, 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 825 TOP

2023 Average 768 TOP

Yearly Trough Low 757 TOP

Transaction Impact: A difference of 68.42 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1557

0.1524

JanuMarcMayJulySeptNove

MVR to TOP 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 0.1535, compared to 0.1541 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1535

H2 Avg (Jul–Dec) 0.1541

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0125 TOP (High: 0.1650 / Low: 0.1525). On the other end, December was the most stable month, with a tight range of 0.0006 TOP (High: 0.1555 / Low: 0.1549).

May Spread (Volatile) ±0.0125

December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.1536) against the same month in 2023 (average: 0.1537), the exchange rate shifted by -0.0002 (-0.10%).

2024 Avg (May) 0.1536

2023 Avg (May) 0.1537

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1539	0.1513	0.1529
February	0.1555	0.1532	0.1538
March	0.1541	0.1519	0.1535
April	0.1563	0.1533	0.1543
May	0.1650	0.1525	0.1536
June	0.1548	0.1528	0.1532
July	0.1554	0.1523	0.1537
August	0.1551	0.1522	0.1537
September	0.1534	0.1520	0.1527
October	0.1553	0.1519	0.1539
November	0.1556	0.1542	0.1549
December	0.1555	0.1549	0.1554