2024 MVR to STD Historical Review

YEARLY HIGH

1541.4597 STD

YEARLY LOW

1432.9132 STD

YEARLY AVERAGE

1446.6526 STD

2024 MVR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 1541.4597. Conversely, the yearly low was recorded on March 19, dropping to 1432.9132.

This high-to-low spread represents a total annual volatility of 108.5465 STD. From a start-to-finish perspective, comparing the January average rate of 1446.7490 to the December average rate of 1446.0848, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1541.4597 was up 3.33% compared to the 2023 peak of 1491.7641, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,707,299 STD

2023 Average 7,348,677 STD

Yearly Trough Low 7,164,566 STD

Transaction Impact: A difference of 542,732.60 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1452.1177

1440.9458

JanuMarcMayJulySeptNove

MVR to STD 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 1445.3146, compared to 1447.9906 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6760 points.

H1 Avg (Jan–Jun) 1445.3146

H2 Avg (Jul–Dec) 1447.9906

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 100.2049 STD (High: 1541.4597 / Low: 1441.2549). On the other end, October was the most stable month, with a tight range of 0.9450 STD (High: 1451.5831 / Low: 1450.6380).

May Spread (Volatile) ±100.2049

October Spread (Stable) ±0.9450

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 7.6700 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -7.6700

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 1444.8613) against the same month in 2023 (average: 1487.3919), the exchange rate shifted by -42.5306 (-2.86%).

2024 Avg (May) 1444.8613

2023 Avg (May) 1487.3919

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1447.3400	1445.9312	1446.7490
February	1451.5831	1444.5251	1447.3688
March	1446.8701	1432.9132	1443.6683
April	1442.6546	1441.2549	1441.8768
May	1541.4597	1441.2549	1444.8613
June	1459.6658	1442.1877	1447.3637
July	1451.5831	1441.2549	1447.2907
August	1451.5831	1444.5251	1448.8014
September	1451.5831	1450.6380	1451.0633
October	1451.5831	1450.6380	1451.1867
November	1451.1104	1441.2549	1443.5167
December	1446.8701	1441.2549	1446.0848

2024 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு