2024 SYP to MVR Historical Review

YEARLY HIGH

0.0062 MVR

YEARLY LOW

0.0012 MVR

YEARLY AVERAGE

0.0060 MVR

2024 SYP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0062. Conversely, the yearly low was recorded on December 31, dropping to 0.0012.

This high-to-low spread represents a total annual volatility of 0.0050 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0061 to the December average rate of 0.0044, the exchange rate registered a net change of -28.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0062 was up 0.48% compared to the 2023 peak of 0.0062, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 31 MVR

2023 Average 31 MVR

Yearly Trough Low 6 MVR

Transaction Impact: A difference of 25.02 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0063

0.0042

JanuMarcMayJulySeptNove

SYP 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 0.0061, compared to 0.0058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0061

H2 Avg (Jul–Dec) 0.0058

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0050 MVR (High: 0.0062 / Low: 0.0012). On the other end, October was the most stable month, with a tight range of 0.0000 MVR (High: 0.0061 / Low: 0.0061).

December Spread (Volatile) ±0.0050

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 November and December, when the average rate fell by 0.0018 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0061) against the same month in 2023 (average: 0.0061), the exchange rate shifted by +0.0000 (+0.39%).

2024 Avg (March) 0.0061

2023 Avg (March) 0.0061

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0061	0.0061	0.0061
February	0.0061	0.0061	0.0061
March	0.0062	0.0061	0.0061
April	0.0062	0.0061	0.0062
May	0.0062	0.0058	0.0061
June	0.0061	0.0061	0.0061
July	0.0062	0.0061	0.0061
August	0.0061	0.0061	0.0061
September	0.0061	0.0061	0.0061
October	0.0061	0.0061	0.0061
November	0.0062	0.0061	0.0061
December	0.0062	0.0012	0.0044