YEARLY HIGH
0.4692 TTD
YEARLY LOW
0.4366 TTD
YEARLY AVERAGE
0.4406 TTD

2024 MVR to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.4692. Conversely, the yearly low was recorded on March 19, dropping to 0.4366.

This high-to-low spread represents a total annual volatility of 0.0327 TTD. From a start-to-finish perspective, comparing the January average rate of 0.4406 to the December average rate of 0.4404, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4692 was up 5.14% compared to the 2023 peak of 0.4463, 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 2,346 TTD
2023 Average 2,207 TTD
Yearly Trough Low 2,183 TTD
Transaction Impact: A difference of 163.35 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4426
0.4386
JanuMarcMayJulySeptNove

MVR to TTD 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 0.4402, compared to 0.4410 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.4402
H2 Avg (Jul–Dec) 0.4410

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0323 TTD (High: 0.4692 / Low: 0.4369). On the other end, October was the most stable month, with a tight range of 0.0024 TTD (High: 0.4436 / Low: 0.4413).

May Spread (Volatile) ±0.0323
October Spread (Stable) ±0.0024

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 0.0025 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.4400) against the same month in 2023 (average: 0.4422), the exchange rate shifted by -0.0022 (-0.50%).

2024 Avg (May) 0.4400
2023 Avg (May) 0.4422

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4420 0.4381 0.4406
February 0.4445 0.4392 0.4410
March 0.4414 0.4366 0.4397
April 0.4406 0.4371 0.4389
May 0.4692 0.4369 0.4400
June 0.4454 0.4387 0.4409
July 0.4429 0.4377 0.4405
August 0.4432 0.4369 0.4409
September 0.4433 0.4400 0.4422
October 0.4436 0.4413 0.4423
November 0.4423 0.4373 0.4397
December 0.4418 0.4375 0.4404