2024 BTN to MGA Historical Review

YEARLY HIGH

55.8112 MGA

YEARLY LOW

52.1430 MGA

YEARLY AVERAGE

54.2175 MGA

2024 BTN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 55.8112. Conversely, the yearly low was recorded on April 3, dropping to 52.1430.

This high-to-low spread represents a total annual volatility of 3.6682 MGA. From a start-to-finish perspective, comparing the January average rate of 54.9194 to the December average rate of 55.3236, the exchange rate registered a net change of 0.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 55.8112 was up 0.17% compared to the 2023 peak of 55.7193, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 279,056 MGA

2023 Average 269,585 MGA

Yearly Trough Low 260,715 MGA

Transaction Impact: A difference of 18,341.24 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

55.5817

52.4845

JanuMarcMayJulySeptNove

BTN 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 53.8269, compared to 54.6082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7813 points.

H1 Avg (Jan–Jun) 53.8269

H2 Avg (Jul–Dec) 54.6082

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 2.2620 MGA (High: 54.6121 / Low: 52.3500). On the other end, February was the most stable month, with a tight range of 0.3728 MGA (High: 54.8963 / Low: 54.5235).

March Spread (Volatile) ±2.2620

February Spread (Stable) ±0.3728

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.0978 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.0978

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 55.3236) against the same month in 2023 (average: 54.9968), the exchange rate shifted by +0.3268 (+0.59%).

2024 Avg (December) 55.3236

2023 Avg (December) 54.9968

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	55.3927	54.4369	54.9194
February	54.8963	54.5235	54.7055
March	54.6121	52.3500	53.8403
April	53.3249	52.1430	52.7426
May	53.6413	52.9094	53.1790
June	54.2208	53.1368	53.5746
July	54.5143	53.4139	53.9106
August	55.0635	53.8165	54.4684
September	54.5068	54.0132	54.2010
October	54.9514	54.0517	54.6017
November	55.5065	54.5868	55.1436
December	55.8112	54.5887	55.3236