2024 CHF to MGA Historical Review

YEARLY HIGH

5488.5358 MGA

YEARLY LOW

4772.1463 MGA

YEARLY AVERAGE

5154.2716 MGA

2024 CHF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CHF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 5488.5358. Conversely, the yearly low was recorded on April 10, dropping to 4772.1463.

This high-to-low spread represents a total annual volatility of 716.3895 MGA. From a start-to-finish perspective, comparing the January average rate of 5318.6460 to the December average rate of 5269.3077, the exchange rate registered a net change of -0.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 5488.5358 was down 0.03% compared to the 2023 peak of 5490.2356, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27,442,679 MGA

2023 Average 24,791,839 MGA

Yearly Trough Low 23,860,732 MGA

Transaction Impact: A difference of 3,581,947.26 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5416.4569

4776.9185

JanuMarcMayJulySeptNove

CHF 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 5038.3451, compared to 5270.1980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 231.8529 points.

H1 Avg (Jan–Jun) 5038.3451

H2 Avg (Jul–Dec) 5270.1980

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 312.0271 MGA (High: 5138.1841 / Low: 4826.1570). On the other end, October was the most stable month, with a tight range of 76.9499 MGA (High: 5370.7470 / Low: 5293.7971).

March Spread (Volatile) ±312.0271

October Spread (Stable) ±76.9499

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 March and April, when the average rate fell by 197.0039 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -197.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 5318.6460) against the same month in 2023 (average: 4760.0206), the exchange rate shifted by +558.6254 (+11.74%).

2024 Avg (January) 5318.6460

2023 Avg (January) 4760.0206

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5488.5358	5229.0269	5318.6460
February	5293.6087	5116.5527	5177.3352
March	5138.1841	4826.1570	5027.2173
April	4879.9240	4772.1463	4830.2134
May	4925.2108	4831.1629	4876.0635
June	5077.3023	4917.6861	5000.5954
July	5191.4917	4951.1147	5052.4701
August	5427.3670	5187.2807	5324.6124
September	5409.9740	5306.0760	5363.1620
October	5370.7470	5293.7971	5329.7698
November	5339.1534	5222.0036	5281.8661
December	5342.0741	5159.6408	5269.3077