2024 MGA to CDF Historical Review

YEARLY HIGH

0.6484 CDF

YEARLY LOW

0.5832 CDF

YEARLY AVERAGE

0.6209 CDF

2024 MGA to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.6484. Conversely, the yearly low was recorded on January 20, dropping to 0.5832.

This high-to-low spread represents a total annual volatility of 0.0652 CDF. From a start-to-finish perspective, comparing the January average rate of 0.5964 to the December average rate of 0.6073, the exchange rate registered a net change of 1.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6484 was up 6.20% compared to the 2023 peak of 0.6105, 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 3,242 CDF

2023 Average 2,622 CDF

Yearly Trough Low 2,916 CDF

Transaction Impact: A difference of 325.98 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6389

0.5926

JanuMarcMayJulySeptNove

MGA to CDF 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 0.6206, compared to 0.6211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.6206

H2 Avg (Jul–Dec) 0.6211

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0279 CDF (High: 0.6400 / Low: 0.6122). On the other end, September was the most stable month, with a tight range of 0.0076 CDF (High: 0.6309 / Low: 0.6233).

March Spread (Volatile) ±0.0279

September Spread (Stable) ±0.0076

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 November and December, when the average rate fell by 0.0078 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.6351) against the same month in 2023 (average: 0.4754), the exchange rate shifted by +0.1597 (+33.58%).

2024 Avg (April) 0.6351

2023 Avg (April) 0.4754

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6080	0.5832	0.5964
February	0.6112	0.6022	0.6071
March	0.6400	0.6122	0.6211
April	0.6484	0.6269	0.6351
May	0.6365	0.6273	0.6307
June	0.6380	0.6245	0.6332
July	0.6422	0.6224	0.6313
August	0.6341	0.6157	0.6240
September	0.6309	0.6233	0.6270
October	0.6281	0.6160	0.6220
November	0.6205	0.6092	0.6151
December	0.6126	0.6014	0.6073