YEARLY HIGH
0.0525 XDR
YEARLY LOW
0.0480 XDR
YEARLY AVERAGE
0.0489 XDR

2024 MVR to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.0525. Conversely, the yearly low was recorded on October 1, dropping to 0.0480.

This high-to-low spread represents a total annual volatility of 0.0045 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0486 to the December average rate of 0.0495, the exchange rate registered a net change of 1.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0525 was up 5.27% compared to the 2023 peak of 0.0499, 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 263 XDR
2023 Average 244 XDR
Yearly Trough Low 240 XDR
Transaction Impact: A difference of 22.57 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0496
0.0482
JanuMarcMayJulySeptNove

MVR to XDR 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 0.0489, compared to 0.0489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0489
H2 Avg (Jul–Dec) 0.0489

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0038 XDR (High: 0.0525 / Low: 0.0487). On the other end, September was the most stable month, with a tight range of 0.0004 XDR (High: 0.0484 / Low: 0.0481).

May Spread (Volatile) ±0.0038
September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0491) against the same month in 2023 (average: 0.0485), the exchange rate shifted by +0.0006 (+1.22%).

2024 Avg (May) 0.0491
2023 Avg (May) 0.0485

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0488 0.0483 0.0486
February 0.0493 0.0487 0.0489
March 0.0490 0.0482 0.0487
April 0.0493 0.0487 0.0490
May 0.0525 0.0487 0.0491
June 0.0498 0.0489 0.0492
July 0.0494 0.0489 0.0491
August 0.0491 0.0483 0.0487
September 0.0484 0.0481 0.0483
October 0.0491 0.0480 0.0486
November 0.0495 0.0486 0.0490
December 0.0499 0.0492 0.0495