2024 XDR to MVR Historical Review

YEARLY HIGH

20.8303 MVR

YEARLY LOW

19.0402 MVR

YEARLY AVERAGE

20.4527 MVR

2024 XDR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XDR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 20.8303. Conversely, the yearly low was recorded on May 2, dropping to 19.0402.

This high-to-low spread represents a total annual volatility of 1.7901 MVR. From a start-to-finish perspective, comparing the January average rate of 20.5654 to the December average rate of 20.2102, the exchange rate registered a net change of -1.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.8303 was down 0.94% compared to the 2023 peak of 21.0289, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 104,151 MVR

2023 Average 102,575 MVR

Yearly Trough Low 95,201 MVR

Transaction Impact: A difference of 8,950.49 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.7661

20.1596

JanuMarcMayJulySeptNove

XDR 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 20.4400, compared to 20.4655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0255 points.

H1 Avg (Jan–Jun) 20.4400

H2 Avg (Jul–Dec) 20.4655

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 1.4868 MVR (High: 20.5270 / Low: 19.0402). On the other end, September was the most stable month, with a tight range of 0.1664 MVR (High: 20.8113 / Low: 20.6450).

May Spread (Volatile) ±1.4868

September Spread (Stable) ±0.1664

Growth Streaks & Declines

Trends

Between June and September, 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 0.1919 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1919

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 20.5568) against the same month in 2023 (average: 20.2082), the exchange rate shifted by +0.3486 (+1.73%).

2024 Avg (October) 20.5568

2023 Avg (October) 20.2082

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.7195	20.4815	20.5654
February	20.5455	20.2792	20.4329
March	20.7631	20.4238	20.5257
April	20.5399	20.2727	20.4093
May	20.5270	19.0402	20.3870
June	20.4596	20.0994	20.3196
July	20.4579	20.2549	20.3592
August	20.6941	20.3797	20.5492
September	20.8113	20.6450	20.7156
October	20.8303	20.3545	20.5568
November	20.5636	20.1881	20.4021
December	20.3286	20.0585	20.2102