2024 LBP to MGA Historical Review

YEARLY HIGH

0.3070 MGA

YEARLY LOW

0.0485 MGA

YEARLY AVERAGE

0.0869 MGA

2024 LBP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.3070. Conversely, the yearly low was recorded on April 3, dropping to 0.0485.

This high-to-low spread represents a total annual volatility of 0.2585 MGA. From a start-to-finish perspective, comparing the January average rate of 0.3036 to the December average rate of 0.0525, the exchange rate registered a net change of -82.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3070 was down 89.75% compared to the 2023 peak of 2.9935, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,535 MGA

2023 Average 2,760 MGA

Yearly Trough Low 243 MGA

Transaction Impact: A difference of 1,292.29 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3291

0.0237

JanuMarcMayJulySeptNove

LBP 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 0.1225, compared to 0.0513 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0712 points.

H1 Avg (Jan–Jun) 0.1225

H2 Avg (Jul–Dec) 0.0513

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.2530 MGA (High: 0.3035 / Low: 0.0505). On the other end, September was the most stable month, with a tight range of 0.0004 MGA (High: 0.0509 / Low: 0.0505).

February Spread (Volatile) ±0.2530

September Spread (Stable) ±0.0004

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 0.1829 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1829

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3036) against the same month in 2023 (average: 2.9017), the exchange rate shifted by -2.5981 (-89.54%).

2024 Avg (January) 0.3036

2023 Avg (January) 2.9017

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3070	0.3005	0.3036
February	0.3035	0.0505	0.2328
March	0.0507	0.0487	0.0499
April	0.0498	0.0485	0.0491
May	0.0498	0.0493	0.0495
June	0.0506	0.0495	0.0499
July	0.0510	0.0498	0.0503
August	0.0516	0.0504	0.0510
September	0.0509	0.0505	0.0507
October	0.0516	0.0507	0.0512
November	0.0524	0.0514	0.0519
December	0.0528	0.0520	0.0525