YEARLY HIGH
51.4016 MGA
YEARLY LOW
45.5227 MGA
YEARLY AVERAGE
48.7634 MGA

2024 ALL to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ALL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 51.4016. Conversely, the yearly low was recorded on April 2, dropping to 45.5227.

This high-to-low spread represents a total annual volatility of 5.8789 MGA. From a start-to-finish perspective, comparing the January average rate of 47.9381 to the December average rate of 50.0833, the exchange rate registered a net change of 4.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 51.4016 was up 3.56% compared to the 2023 peak of 49.6363, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 257,008 MGA
2023 Average 222,009 MGA
Yearly Trough Low 227,614 MGA
Transaction Impact: A difference of 29,394.45 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

51.2072
46.0257
JanuMarcMayJulySeptNove

ALL to MGA 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 47.3571, compared to 50.1698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8127 points.

H1 Avg (Jan–Jun) 47.3571
H2 Avg (Jul–Dec) 50.1698

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 2.1249 MGA (High: 49.2663 / Low: 47.1414). On the other end, October was the most stable month, with a tight range of 0.7813 MGA (High: 51.1096 / Low: 50.3282).

January Spread (Volatile) ±2.1249
October Spread (Stable) ±0.7813

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.7519 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.7519

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 50.7754) against the same month in 2023 (average: 45.0496), the exchange rate shifted by +5.7258 (+12.71%).

2024 Avg (September) 50.7754
2023 Avg (September) 45.0496

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.2663 47.1414 47.9381
February 47.5843 46.7907 47.1863
March 47.6744 45.7722 46.9556
April 47.3106 45.5227 46.4575
May 48.0695 47.2461 47.6596
June 48.5705 47.3509 47.9452
July 49.3360 47.9183 48.7227
August 51.1908 49.1635 50.3167
September 51.4016 50.2580 50.7754
October 51.1096 50.3282 50.7041
November 51.1927 49.5392 50.4163
December 50.5554 49.5736 50.0833