YEARLY HIGH
0.0021 MVR
YEARLY LOW
0.0019 MVR
YEARLY AVERAGE
0.0020 MVR

2024 PYG to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.0021. Conversely, the yearly low was recorded on October 27, dropping to 0.0019.

This high-to-low spread represents a total annual volatility of 0.0002 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0021 to the December average rate of 0.0020, the exchange rate registered a net change of -6.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0021 was down 1.56% compared to the 2023 peak of 0.0022, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PYG based on timing:

Yearly Peak High 11 MVR
2023 Average 11 MVR
Yearly Trough Low 10 MVR
Transaction Impact: A difference of 1.09 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0021
0.0019
JanuMarcMayJulySeptNove

PYG to MVR 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 0.0021, compared to 0.0020 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) 0.0021
H2 Avg (Jul–Dec) 0.0020

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0001 MVR (High: 0.0021 / Low: 0.0019). On the other end, December was the most stable month, with a tight range of 0.0000 MVR (High: 0.0020 / Low: 0.0020).

May Spread (Volatile) ±0.0001
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0021) against the same month in 2023 (average: 0.0021), the exchange rate shifted by -0.0000 (-1.35%).

2024 Avg (March) 0.0021
2023 Avg (March) 0.0021

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0021 0.0021 0.0021
February 0.0021 0.0021 0.0021
March 0.0021 0.0021 0.0021
April 0.0021 0.0021 0.0021
May 0.0021 0.0019 0.0021
June 0.0021 0.0020 0.0020
July 0.0021 0.0020 0.0020
August 0.0020 0.0020 0.0020
September 0.0020 0.0020 0.0020
October 0.0020 0.0019 0.0020
November 0.0020 0.0019 0.0020
December 0.0020 0.0020 0.0020