2024 MDL to MGA Historical Review

YEARLY HIGH

266.6393 MGA

YEARLY LOW

244.9273 MGA

YEARLY AVERAGE

255.7945 MGA

2024 MDL to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 266.6393. Conversely, the yearly low was recorded on April 18, dropping to 244.9273.

This high-to-low spread represents a total annual volatility of 21.7119 MGA. From a start-to-finish perspective, comparing the January average rate of 259.0125 to the December average rate of 256.5700, the exchange rate registered a net change of -0.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 266.6393 was up 0.09% compared to the 2023 peak of 266.3978, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,333,196 MGA

2023 Average 1,230,856 MGA

Yearly Trough Low 1,224,637 MGA

Transaction Impact: A difference of 108,559.66 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

262.7390

246.6726

JanuMarcMayJulySeptNove

MDL 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 253.0944, compared to 258.4946 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.4002 points.

H1 Avg (Jan–Jun) 253.0944

H2 Avg (Jul–Dec) 258.4946

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 11.6523 MGA (High: 266.6393 / Low: 254.9870). On the other end, February was the most stable month, with a tight range of 3.4801 MGA (High: 256.8592 / Low: 253.3791).

January Spread (Volatile) ±11.6523

February Spread (Stable) ±3.4801

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 5.0518 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -5.0518

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 259.0125) against the same month in 2023 (average: 231.5886), the exchange rate shifted by +27.4238 (+11.84%).

2024 Avg (January) 259.0125

2023 Avg (January) 231.5886

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	266.6393	254.9870	259.0125
February	256.8592	253.3791	255.0396
March	257.1138	247.6218	253.0633
April	251.4363	244.9273	248.0114
May	252.8732	249.2690	251.0375
June	254.9793	249.9547	252.4019
July	258.6108	250.7157	254.4762
August	265.8155	256.6273	261.1311
September	263.2866	259.1927	261.4001
October	261.9191	256.7161	259.6352
November	259.9892	255.2033	257.7549
December	259.3808	254.2601	256.5700