2024 SZL to MVR Historical Review

YEARLY HIGH

0.8944 MVR

YEARLY LOW

0.7786 MVR

YEARLY AVERAGE

0.8414 MVR

2024 SZL to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SZL to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.8944. Conversely, the yearly low was recorded on May 2, dropping to 0.7786.

This high-to-low spread represents a total annual volatility of 0.1158 MVR. From a start-to-finish perspective, comparing the January average rate of 0.8200 to the December average rate of 0.8458, the exchange rate registered a net change of 3.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8944 was down 2.31% compared to the 2023 peak of 0.9156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,472 MVR

2023 Average 4,171 MVR

Yearly Trough Low 3,893 MVR

Transaction Impact: A difference of 578.98 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8805

0.8054

JanuMarcMayJulySeptNove

SZL 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 0.8241, compared to 0.8587 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0346 points.

H1 Avg (Jan–Jun) 0.8241

H2 Avg (Jul–Dec) 0.8587

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0739 MVR (High: 0.8525 / Low: 0.7786). On the other end, October was the most stable month, with a tight range of 0.0225 MVR (High: 0.8881 / Low: 0.8656).

May Spread (Volatile) ±0.0739

October Spread (Stable) ±0.0225

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0165 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.8717) against the same month in 2023 (average: 0.8134), the exchange rate shifted by +0.0583 (+7.17%).

2024 Avg (September) 0.8717

2023 Avg (September) 0.8134

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8335	0.8048	0.8200
February	0.8280	0.7987	0.8117
March	0.8347	0.8044	0.8192
April	0.8349	0.8047	0.8197
May	0.8525	0.7786	0.8383
June	0.8615	0.8091	0.8357
July	0.8604	0.8315	0.8446
August	0.8710	0.8268	0.8534
September	0.8944	0.8537	0.8717
October	0.8881	0.8656	0.8742
November	0.8843	0.8470	0.8623
December	0.8719	0.8167	0.8458