YEARLY HIGH
0.0272 MVR
YEARLY LOW
0.0253 MVR
YEARLY AVERAGE
0.0270 MVR

2024 SOS to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0272. Conversely, the yearly low was recorded on May 2, dropping to 0.0253.

This high-to-low spread represents a total annual volatility of 0.0019 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0270 to the December average rate of 0.0270, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0272 was down 0.97% compared to the 2023 peak of 0.0275, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 136 MVR
2023 Average 135 MVR
Yearly Trough Low 127 MVR
Transaction Impact: A difference of 9.50 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0271
0.0268
JanuMarcMayJulySeptNove

SOS 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 0.0270, compared to 0.0269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0270
H2 Avg (Jul–Dec) 0.0269

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0019 MVR (High: 0.0272 / Low: 0.0253). On the other end, April was the most stable month, with a tight range of 0.0001 MVR (High: 0.0271 / Low: 0.0270).

May Spread (Volatile) ±0.0019
April Spread (Stable) ±0.0001

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 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: 0.0270) against the same month in 2023 (average: 0.0271), the exchange rate shifted by -0.0001 (-0.19%).

2024 Avg (March) 0.0270
2023 Avg (March) 0.0271

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0271 0.0269 0.0270
February 0.0270 0.0267 0.0269
March 0.0272 0.0269 0.0270
April 0.0271 0.0270 0.0270
May 0.0272 0.0253 0.0270
June 0.0271 0.0267 0.0269
July 0.0271 0.0269 0.0270
August 0.0271 0.0268 0.0270
September 0.0269 0.0267 0.0269
October 0.0269 0.0268 0.0269
November 0.0271 0.0268 0.0270
December 0.0271 0.0269 0.0270