2024 MGA to AMD Historical Review

YEARLY HIGH

0.0908 AMD

YEARLY LOW

0.0829 AMD

YEARLY AVERAGE

0.0866 AMD

2024 MGA to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.0908. Conversely, the yearly low was recorded on November 18, dropping to 0.0829.

This high-to-low spread represents a total annual volatility of 0.0079 AMD. From a start-to-finish perspective, comparing the January average rate of 0.0887 to the December average rate of 0.0844, the exchange rate registered a net change of -4.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0908 was down 3.95% compared to the 2023 peak of 0.0946, 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 454 AMD

2023 Average 441 AMD

Yearly Trough Low 415 AMD

Transaction Impact: A difference of 39.49 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0903

0.0830

JanuMarcMayJulySeptNove

MGA to AMD 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 0.0885, compared to 0.0848 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.0885

H2 Avg (Jul–Dec) 0.0848

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0036 AMD (High: 0.0908 / Low: 0.0872). On the other end, May was the most stable month, with a tight range of 0.0007 AMD (High: 0.0877 / Low: 0.0871).

April Spread (Volatile) ±0.0036

May Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0015 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0897) against the same month in 2023 (average: 0.0901), the exchange rate shifted by -0.0004 (-0.45%).

2024 Avg (March) 0.0897

2023 Avg (March) 0.0901

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0897	0.0878	0.0887
February	0.0898	0.0891	0.0894
March	0.0908	0.0885	0.0897
April	0.0908	0.0872	0.0890
May	0.0877	0.0871	0.0875
June	0.0875	0.0857	0.0868
July	0.0871	0.0849	0.0861
August	0.0860	0.0840	0.0849
September	0.0857	0.0848	0.0853
October	0.0853	0.0838	0.0844
November	0.0847	0.0829	0.0836
December	0.0859	0.0831	0.0844