2024 BZD to MGA Historical Review

YEARLY HIGH

2351.8740 MGA

YEARLY LOW

2158.3862 MGA

YEARLY AVERAGE

2250.7381 MGA

2024 BZD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2351.8740. Conversely, the yearly low was recorded on April 3, dropping to 2158.3862.

This high-to-low spread represents a total annual volatility of 193.4877 MGA. From a start-to-finish perspective, comparing the January average rate of 2264.5244 to the December average rate of 2335.6390, the exchange rate registered a net change of 3.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2351.8740 was up 2.88% compared to the 2023 peak of 2286.0237, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,759,370 MGA

2023 Average 11,046,342 MGA

Yearly Trough Low 10,791,931 MGA

Transaction Impact: A difference of 967,438.74 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2351.0308

2166.3293

JanuMarcMayJulySeptNove

BZD 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 2222.3656, compared to 2279.1105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 56.7449 points.

H1 Avg (Jan–Jun) 2222.3656

H2 Avg (Jul–Dec) 2279.1105

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 82.6788 MGA (High: 2245.8894 / Low: 2163.2106). On the other end, February was the most stable month, with a tight range of 17.7499 MGA (High: 2259.9829 / Low: 2242.2330).

March Spread (Volatile) ±82.6788

February Spread (Stable) ±17.7499

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 35.8231 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -35.8231

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2335.6390) against the same month in 2023 (average: 2271.0113), the exchange rate shifted by +64.6277 (+2.85%).

2024 Avg (December) 2335.6390

2023 Avg (December) 2271.0113

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2286.0188	2244.0486	2264.5244
February	2259.9829	2242.2330	2251.9018
March	2245.8894	2163.2106	2217.5442
April	2204.0235	2158.3862	2181.7211
May	2213.5943	2187.1633	2199.8840
June	2246.2894	2199.3668	2218.6181
July	2264.4651	2212.0274	2235.8219
August	2293.1485	2241.2168	2267.0042
September	2264.1055	2239.6432	2253.2708
October	2291.8129	2251.2160	2276.0187
November	2327.2694	2283.2835	2306.9086
December	2351.8740	2315.7820	2335.6390