YEARLY HIGH
12.0576 MGA
YEARLY LOW
11.0091 MGA
YEARLY AVERAGE
11.5493 MGA

2024 AMD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AMD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 12.0576. Conversely, the yearly low was recorded on March 26, dropping to 11.0091.

This high-to-low spread represents a total annual volatility of 1.0485 MGA. From a start-to-finish perspective, comparing the January average rate of 11.2770 to the December average rate of 11.8480, the exchange rate registered a net change of 5.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.0576 was up 2.04% compared to the 2023 peak of 11.8165, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,288 MGA
2023 Average 56,717 MGA
Yearly Trough Low 55,046 MGA
Transaction Impact: A difference of 5,242.31 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.0378
11.0727
JanuMarcMayJulySeptNove

AMD 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 11.3013, compared to 11.7973 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4960 points.

H1 Avg (Jan–Jun) 11.3013
H2 Avg (Jul–Dec) 11.7973

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.4494 MGA (High: 11.4664 / Low: 11.0170). On the other end, May was the most stable month, with a tight range of 0.0854 MGA (High: 11.4817 / Low: 11.3963).

April Spread (Volatile) ±0.4494
May Spread (Stable) ±0.0854

Growth Streaks & Declines

Trends

Between March and August, 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 November and December, when the average rate fell by 0.1094 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 11.9574) against the same month in 2023 (average: 11.2336), the exchange rate shifted by +0.7238 (+6.44%).

2024 Avg (November) 11.9574
2023 Avg (November) 11.2336

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.3928 11.1516 11.2770
February 11.2209 11.1315 11.1839
March 11.2993 11.0091 11.1532
April 11.4664 11.0170 11.2361
May 11.4817 11.3963 11.4334
June 11.6703 11.4286 11.5245
July 11.7723 11.4814 11.6117
August 11.9041 11.6268 11.7822
September 11.7874 11.6633 11.7297
October 11.9367 11.7242 11.8550
November 12.0576 11.8079 11.9574
December 12.0379 11.6441 11.8480