YEARLY HIGH
0.0271 MVR
YEARLY LOW
0.0253 MVR
YEARLY AVERAGE
0.0258 MVR

2024 SDG to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SDG to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0271. Conversely, the yearly low was recorded on May 2, dropping to 0.0253.

This high-to-low spread represents a total annual volatility of 0.0018 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0256 to the December average rate of 0.0256, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0271 was down 4.23% compared to the 2023 peak of 0.0283, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 135 MVR
2023 Average 129 MVR
Yearly Trough Low 127 MVR
Transaction Impact: A difference of 8.81 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0264
0.0254
JanuMarcMayJulySeptNove

SDG 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 0.0259, compared to 0.0256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0259
H2 Avg (Jul–Dec) 0.0256

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0018 MVR (High: 0.0271 / Low: 0.0253). On the other end, October was the most stable month, with a tight range of 0.0000 MVR (High: 0.0255 / Low: 0.0255).

May Spread (Volatile) ±0.0018
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0258) against the same month in 2023 (average: 0.0256), the exchange rate shifted by +0.0002 (+0.70%).

2024 Avg (May) 0.0258
2023 Avg (May) 0.0256

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0256 0.0256 0.0256
February 0.0257 0.0255 0.0256
March 0.0265 0.0256 0.0260
April 0.0264 0.0257 0.0263
May 0.0271 0.0253 0.0258
June 0.0263 0.0254 0.0259
July 0.0263 0.0255 0.0259
August 0.0256 0.0255 0.0256
September 0.0255 0.0255 0.0255
October 0.0255 0.0255 0.0255
November 0.0257 0.0255 0.0257
December 0.0257 0.0256 0.0256