YEARLY HIGH
968.7641 MGA
YEARLY LOW
897.7762 MGA
YEARLY AVERAGE
939.0555 MGA

2024 LYD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LYD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 968.7641. Conversely, the yearly low was recorded on April 3, dropping to 897.7762.

This high-to-low spread represents a total annual volatility of 70.9879 MGA. From a start-to-finish perspective, comparing the January average rate of 949.8656 to the December average rate of 960.5117, the exchange rate registered a net change of 1.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 968.7641 was up 0.18% compared to the 2023 peak of 967.0341, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,843,820 MGA
2023 Average 4,627,226 MGA
Yearly Trough Low 4,488,881 MGA
Transaction Impact: A difference of 354,939.58 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

965.9431
900.7668
JanuMarcMayJulySeptNove

LYD 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 926.1206, compared to 951.9904 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.8699 points.

H1 Avg (Jan–Jun) 926.1206
H2 Avg (Jul–Dec) 951.9904

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 35.3850 MGA (High: 937.6299 / Low: 902.2450). On the other end, October was the most stable month, with a tight range of 7.1655 MGA (High: 961.3221 / Low: 954.1566).

March Spread (Volatile) ±35.3850
October Spread (Stable) ±7.1655

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 20.4664 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -20.4664

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 960.5117) against the same month in 2023 (average: 953.1648), the exchange rate shifted by +7.3470 (+0.77%).

2024 Avg (December) 960.5117
2023 Avg (December) 953.1648

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 967.0319 936.8545 949.8656
February 943.3032 934.6035 938.2127
March 937.6299 902.2450 926.6645
April 913.0229 897.7762 906.1982
May 918.3447 907.2400 913.6413
June 933.9583 915.6132 922.1411
July 944.6007 915.4246 930.0598
August 966.4526 941.9761 953.3886
September 960.1266 949.1425 954.9043
October 961.3221 954.1566 956.8810
November 961.8857 948.7895 956.1971
December 968.7641 950.3314 960.5117