The Ayre DAC uses a format called DoP (DSD over PCM). In that format, the DSD is packed into a PCM wrapper and sent to the DAC. The DAC reassembles the bits into a DSD signal. The DoP signal is 192 KHz for 1x DSD (64DSD).
If you use the WASAPI driver and have bitstreaming set in Audio, it will send a DoP signal for DSD. If you use the ASIO driver you need to select the DoP option in the driver. You also should set the volume in MC to 100%. You need to use either WASAPI or ASIO for DSD.
In the Windows Audio setup, there is an option to use Exclusive Mode. That should be on by default, but it is worth checking if you are having problems playing DSD.
You can use Audio Path (the button with the vertical squiggly lines next to the shuttle button at the top of the display) to see what format and sample rate MC is sending.
When playing DSD, the DAC may display 192 (because of DoP) or DSD. It depends on what the DAC is programmed to display.