YEARLY HIGH
0.1937 WST
YEARLY LOW
0.1801 WST
YEARLY AVERAGE
0.1818 WST

2024 MVR to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.1937. Conversely, the yearly low was recorded on March 19, dropping to 0.1801.

This high-to-low spread represents a total annual volatility of 0.0136 WST. From a start-to-finish perspective, comparing the January average rate of 0.1818 to the December average rate of 0.1817, 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 0.1937 was up 5.50% compared to the 2023 peak of 0.1836, 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 969 WST
2023 Average 889 WST
Yearly Trough Low 900 WST
Transaction Impact: A difference of 68.20 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1825
0.1811
JanuMarcMayJulySeptNove

MVR to WST 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 0.1816, compared to 0.1820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1816
H2 Avg (Jul–Dec) 0.1820

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0126 WST (High: 0.1937 / Low: 0.1811). On the other end, October was the most stable month, with a tight range of 0.0001 WST (High: 0.1824 / Low: 0.1823).

May Spread (Volatile) ±0.0126
October Spread (Stable) ±0.0001

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 0.0010 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: 0.1816) against the same month in 2023 (average: 0.1776), the exchange rate shifted by +0.0039 (+2.22%).

2024 Avg (May) 0.1816
2023 Avg (May) 0.1776

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1819 0.1817 0.1818
February 0.1824 0.1815 0.1819
March 0.1818 0.1801 0.1814
April 0.1813 0.1811 0.1812
May 0.1937 0.1811 0.1816
June 0.1834 0.1812 0.1819
July 0.1824 0.1811 0.1819
August 0.1824 0.1815 0.1821
September 0.1824 0.1823 0.1823
October 0.1824 0.1823 0.1824
November 0.1824 0.1811 0.1814
December 0.1818 0.1811 0.1817