2024 MGA to ARS Historical Review

YEARLY HIGH

0.2209 ARS

YEARLY LOW

0.1755 ARS

YEARLY AVERAGE

0.2017 ARS

2024 MGA to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.2209. Conversely, the yearly low was recorded on January 1, dropping to 0.1755.

This high-to-low spread represents a total annual volatility of 0.0454 ARS. From a start-to-finish perspective, comparing the January average rate of 0.1792 to the December average rate of 0.2170, the exchange rate registered a net change of 21.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2209 was up 25.33% compared to the 2023 peak of 0.1763, 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 1,105 ARS

2023 Average 331 ARS

Yearly Trough Low 877 ARS

Transaction Impact: A difference of 227.20 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2208

0.1754

JanuMarcMayJulySeptNove

MGA to ARS 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 0.1921, compared to 0.2112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0191 points.

H1 Avg (Jan–Jun) 0.1921

H2 Avg (Jul–Dec) 0.2112

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0104 ARS (High: 0.1965 / Low: 0.1861). On the other end, July was the most stable month, with a tight range of 0.0022 ARS (High: 0.2060 / Low: 0.2038).

March Spread (Volatile) ±0.0104

July Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2170) against the same month in 2023 (average: 0.1378), the exchange rate shifted by +0.0792 (+57.49%).

2024 Avg (December) 0.2170

2023 Avg (December) 0.1378

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1829	0.1755	0.1792
February	0.1863	0.1816	0.1837
March	0.1965	0.1861	0.1904
April	0.1990	0.1955	0.1974
May	0.2016	0.1964	0.1998
June	0.2035	0.2001	0.2020
July	0.2060	0.2038	0.2046
August	0.2086	0.2042	0.2060
September	0.2137	0.2088	0.2114
October	0.2148	0.2120	0.2133
November	0.2168	0.2137	0.2149
December	0.2209	0.2152	0.2170