YEARLY HIGH
0.0220 ALL
YEARLY LOW
0.0195 ALL
YEARLY AVERAGE
0.0205 ALL

2024 MGA to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 0.0220. Conversely, the yearly low was recorded on September 30, dropping to 0.0195.

This high-to-low spread represents a total annual volatility of 0.0025 ALL. From a start-to-finish perspective, comparing the January average rate of 0.0209 to the December average rate of 0.0200, the exchange rate registered a net change of -4.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0220 was down 13.30% compared to the 2023 peak of 0.0253, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 110 ALL
2023 Average 113 ALL
Yearly Trough Low 97 ALL
Transaction Impact: A difference of 12.56 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0217
0.0195
JanuMarcMayJulySeptNove

MGA to ALL 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 0.0211, compared to 0.0199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0211
H2 Avg (Jul–Dec) 0.0199

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0009 ALL (High: 0.0212 / Low: 0.0203). On the other end, October was the most stable month, with a tight range of 0.0003 ALL (High: 0.0199 / Low: 0.0196).

January Spread (Volatile) ±0.0009
October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0215) against the same month in 2023 (average: 0.0234), the exchange rate shifted by -0.0019 (-7.99%).

2024 Avg (April) 0.0215
2023 Avg (April) 0.0234

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0212 0.0203 0.0209
February 0.0214 0.0210 0.0212
March 0.0218 0.0210 0.0213
April 0.0220 0.0211 0.0215
May 0.0212 0.0208 0.0210
June 0.0211 0.0206 0.0209
July 0.0209 0.0203 0.0205
August 0.0203 0.0195 0.0199
September 0.0199 0.0195 0.0197
October 0.0199 0.0196 0.0197
November 0.0202 0.0195 0.0198
December 0.0202 0.0198 0.0200