2024 HTG to MGA Historical Review

YEARLY HIGH

36.1742 MGA

YEARLY LOW

32.8154 MGA

YEARLY AVERAGE

34.3664 MGA

2024 HTG to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HTG to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 36.1742. Conversely, the yearly low was recorded on April 3, dropping to 32.8154.

This high-to-low spread represents a total annual volatility of 3.3587 MGA. From a start-to-finish perspective, comparing the January average rate of 34.6678 to the December average rate of 35.9245, the exchange rate registered a net change of 3.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 36.1742 was up 3.51% compared to the 2023 peak of 34.9459, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 180,871 MGA

2023 Average 157,850 MGA

Yearly Trough Low 164,077 MGA

Transaction Impact: A difference of 16,793.55 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

36.2003

32.8908

JanuMarcMayJulySeptNove

HTG 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 33.8404, compared to 34.8923 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0519 points.

H1 Avg (Jan–Jun) 33.8404

H2 Avg (Jul–Dec) 34.8923

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.2556 MGA (High: 34.1443 / Low: 32.8887). On the other end, May was the most stable month, with a tight range of 0.2769 MGA (High: 33.5656 / Low: 33.2887).

March Spread (Volatile) ±1.2556

May Spread (Stable) ±0.2769

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 February and March, when the average rate fell by 0.6608 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.6608

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 35.9245) against the same month in 2023 (average: 34.6557), the exchange rate shifted by +1.2688 (+3.66%).

2024 Avg (December) 35.9245

2023 Avg (December) 34.6557

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.9618	34.3696	34.6678
February	34.5969	34.0738	34.3729
March	34.1443	32.8887	33.7121
April	33.5302	32.8154	33.1666
May	33.5656	33.2887	33.4099
June	34.1600	33.4199	33.7135
July	34.5797	33.6901	34.1038
August	35.0521	34.2583	34.6651
September	34.6128	34.2544	34.4481
October	35.1039	34.3901	34.8250
November	35.7941	34.9744	35.3874
December	36.1742	35.5716	35.9245