2024 MVR to UAH Historical Review

YEARLY HIGH

2.7353 UAH

YEARLY LOW

2.4291 UAH

YEARLY AVERAGE

2.6082 UAH

2024 MVR to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 2.7353. Conversely, the yearly low was recorded on January 22, dropping to 2.4291.

This high-to-low spread represents a total annual volatility of 0.3063 UAH. From a start-to-finish perspective, comparing the January average rate of 2.4571 to the December average rate of 2.7112, the exchange rate registered a net change of 10.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7353 was up 10.10% compared to the 2023 peak of 2.4844, 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 13,677 UAH

2023 Average 11,970 UAH

Yearly Trough Low 12,145 UAH

Transaction Impact: A difference of 1,531.41 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7367

2.4317

JanuMarcMayJulySeptNove

MVR to UAH 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 2.5315, compared to 2.6850 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1536 points.

H1 Avg (Jan–Jun) 2.5315

H2 Avg (Jul–Dec) 2.6850

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1964 UAH (High: 2.7353 / Low: 2.5389). On the other end, October was the most stable month, with a tight range of 0.0155 UAH (High: 2.6979 / Low: 2.6824).

May Spread (Volatile) ±0.1964

October Spread (Stable) ±0.0155

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0059 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 2.5768) against the same month in 2023 (average: 2.4046), the exchange rate shifted by +0.1722 (+7.16%).

2024 Avg (May) 2.5768

2023 Avg (May) 2.4046

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4809	2.4291	2.4571
February	2.5086	2.4333	2.4679
March	2.5459	2.4560	2.5084
April	2.5750	2.5107	2.5482
May	2.7353	2.5389	2.5768
June	2.6544	2.6032	2.6304
July	2.7120	2.6248	2.6636
August	2.6939	2.6620	2.6776
September	2.7046	2.6704	2.6875
October	2.6979	2.6824	2.6880
November	2.6961	2.6675	2.6821
December	2.7326	2.6854	2.7112