2024 RUB to MVR Historical Review

YEARLY HIGH

0.1844 MVR

YEARLY LOW

0.1354 MVR

YEARLY AVERAGE

0.1664 MVR

2024 RUB to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 0.1844. Conversely, the yearly low was recorded on December 31, dropping to 0.1354.

This high-to-low spread represents a total annual volatility of 0.0490 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1724 to the December average rate of 0.1486, the exchange rate registered a net change of -13.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1844 was down 20.95% compared to the 2023 peak of 0.2333, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 922 MVR

2023 Average 910 MVR

Yearly Trough Low 677 MVR

Transaction Impact: A difference of 245.21 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1791

0.1458

JanuMarcMayJulySeptNove

RUB 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 0.1697, compared to 0.1631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.1697

H2 Avg (Jul–Dec) 0.1631

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0244 MVR (High: 0.1609 / Low: 0.1366). On the other end, April was the most stable month, with a tight range of 0.0037 MVR (High: 0.1677 / Low: 0.1641).

November Spread (Volatile) ±0.0244

April Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between April and July, 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 September and October, when the average rate fell by 0.0087 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.1747) against the same month in 2023 (average: 0.1841), the exchange rate shifted by -0.0094 (-5.09%).

2024 Avg (June) 0.1747

2023 Avg (June) 0.1841

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1756	0.1673	0.1724
February	0.1702	0.1625	0.1676
March	0.1703	0.1660	0.1680
April	0.1677	0.1641	0.1662
May	0.1745	0.1546	0.1693
June	0.1844	0.1703	0.1747
July	0.1806	0.1731	0.1763
August	0.1809	0.1670	0.1729
September	0.1755	0.1630	0.1682
October	0.1625	0.1574	0.1595
November	0.1609	0.1366	0.1531
December	0.1558	0.1354	0.1486