2024 MVR to XCD Historical Review

YEARLY HIGH

0.1870 XCD

YEARLY LOW

0.1738 XCD

YEARLY AVERAGE

0.1755 XCD

2024 MVR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.1870. Conversely, the yearly low was recorded on March 19, dropping to 0.1738.

This high-to-low spread represents a total annual volatility of 0.0132 XCD. From a start-to-finish perspective, comparing the January average rate of 0.1755 to the December average rate of 0.1754, 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 0.1870 was up 5.50% compared to the 2023 peak of 0.1772, 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 935 XCD

2023 Average 879 XCD

Yearly Trough Low 869 XCD

Transaction Impact: A difference of 65.83 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1761

0.1748

JanuMarcMayJulySeptNove

MVR to XCD 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 0.1753, compared to 0.1756 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) 0.1753

H2 Avg (Jul–Dec) 0.1756

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0122 XCD (High: 0.1870 / Low: 0.1748). On the other end, October was the most stable month, with a tight range of 0.0001 XCD (High: 0.1761 / Low: 0.1759).

May Spread (Volatile) ±0.0122

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 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.1752) against the same month in 2023 (average: 0.1761), the exchange rate shifted by -0.0009 (-0.50%).

2024 Avg (May) 0.1752

2023 Avg (May) 0.1761

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1755	0.1754	0.1755
February	0.1761	0.1752	0.1756
March	0.1755	0.1738	0.1751
April	0.1750	0.1748	0.1749
May	0.1870	0.1748	0.1752
June	0.1770	0.1749	0.1756
July	0.1761	0.1748	0.1755
August	0.1761	0.1752	0.1757
September	0.1761	0.1759	0.1760
October	0.1761	0.1759	0.1760
November	0.1760	0.1748	0.1751
December	0.1755	0.1748	0.1754