2024 TTD to MVR Historical Review

YEARLY HIGH

2.2906 MVR

YEARLY LOW

2.1312 MVR

YEARLY AVERAGE

2.2698 MVR

2024 TTD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TTD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 2.2906. Conversely, the yearly low was recorded on May 2, dropping to 2.1312.

This high-to-low spread represents a total annual volatility of 0.1595 MVR. From a start-to-finish perspective, comparing the January average rate of 2.2699 to the December average rate of 2.2707, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2906 was down 0.47% compared to the 2023 peak of 2.3014, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,453 MVR

2023 Average 11,327 MVR

Yearly Trough Low 10,656 MVR

Transaction Impact: A difference of 797.43 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2800

2.2593

JanuMarcMayJulySeptNove

TTD 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 2.2719, compared to 2.2676 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 2.2719

H2 Avg (Jul–Dec) 2.2676

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1575 MVR (High: 2.2886 / Low: 2.1312). On the other end, October was the most stable month, with a tight range of 0.0120 MVR (High: 2.2661 / Low: 2.2541).

May Spread (Volatile) ±0.1575

October Spread (Stable) ±0.0120

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 0.0064 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2.2742) against the same month in 2023 (average: 2.2680), the exchange rate shifted by +0.0062 (+0.27%).

2024 Avg (March) 2.2742

2023 Avg (March) 2.2680

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2824	2.2626	2.2699
February	2.2767	2.2496	2.2677
March	2.2906	2.2655	2.2742
April	2.2878	2.2698	2.2783
May	2.2886	2.1312	2.2732
June	2.2794	2.2453	2.2683
July	2.2846	2.2577	2.2704
August	2.2889	2.2562	2.2679
September	2.2730	2.2558	2.2615
October	2.2661	2.2541	2.2610
November	2.2869	2.2609	2.2740
December	2.2860	2.2634	2.2707