YEARLY HIGH
0.4119 MVR
YEARLY LOW
0.3441 MVR
YEARLY AVERAGE
0.3839 MVR

2024 UYU to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UYU to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 0.4119. Conversely, the yearly low was recorded on December 20, dropping to 0.3441.

This high-to-low spread represents a total annual volatility of 0.0677 MVR. From a start-to-finish perspective, comparing the January average rate of 0.3932 to the December average rate of 0.3504, the exchange rate registered a net change of -10.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4119 was up 0.15% compared to the 2023 peak of 0.4112, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,059 MVR
2023 Average 1,980 MVR
Yearly Trough Low 1,721 MVR
Transaction Impact: A difference of 338.53 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4074
0.3452
JanuMarcMayJulySeptNove

UYU 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 0.3973, compared to 0.3706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0267 points.

H1 Avg (Jan–Jun) 0.3973
H2 Avg (Jul–Dec) 0.3706

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0276 MVR (High: 0.4047 / Low: 0.3771). On the other end, February was the most stable month, with a tight range of 0.0046 MVR (High: 0.3964 / Low: 0.3918).

May Spread (Volatile) ±0.0276
February Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0141 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.4013) against the same month in 2023 (average: 0.3933), the exchange rate shifted by +0.0080 (+2.04%).

2024 Avg (March) 0.4013
2023 Avg (March) 0.3933

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3976 0.3903 0.3932
February 0.3964 0.3918 0.3935
March 0.4119 0.3942 0.4013
April 0.4113 0.3972 0.4022
May 0.4047 0.3771 0.4008
June 0.3989 0.3865 0.3929
July 0.3869 0.3796 0.3833
August 0.3838 0.3779 0.3813
September 0.3817 0.3631 0.3749
October 0.3746 0.3661 0.3691
November 0.3715 0.3595 0.3645
December 0.3602 0.3441 0.3504