2024 MGA to DJF Historical Review

YEARLY HIGH

0.0409 DJF

YEARLY LOW

0.0376 DJF

YEARLY AVERAGE

0.0392 DJF

2024 MGA to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0409. Conversely, the yearly low was recorded on December 13, dropping to 0.0376.

This high-to-low spread represents a total annual volatility of 0.0033 DJF. From a start-to-finish perspective, comparing the January average rate of 0.0390 to the December average rate of 0.0378, the exchange rate registered a net change of -2.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0409 was down 2.16% compared to the 2023 peak of 0.0418, 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 204 DJF

2023 Average 200 DJF

Yearly Trough Low 188 DJF

Transaction Impact: A difference of 16.28 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0407

0.0376

JanuMarcMayJulySeptNove

MGA to DJF 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 0.0397, compared to 0.0387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0397

H2 Avg (Jul–Dec) 0.0387

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0015 DJF (High: 0.0408 / Low: 0.0392). On the other end, February was the most stable month, with a tight range of 0.0003 DJF (High: 0.0394 / Low: 0.0391).

March Spread (Volatile) ±0.0015

February 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: 0.0405) against the same month in 2023 (average: 0.0406), the exchange rate shifted by -0.0001 (-0.31%).

2024 Avg (April) 0.0405

2023 Avg (April) 0.0406

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0394	0.0385	0.0390
February	0.0394	0.0391	0.0392
March	0.0408	0.0392	0.0398
April	0.0409	0.0400	0.0405
May	0.0403	0.0399	0.0401
June	0.0402	0.0393	0.0398
July	0.0399	0.0389	0.0395
August	0.0394	0.0385	0.0389
September	0.0395	0.0390	0.0392
October	0.0392	0.0385	0.0387
November	0.0386	0.0378	0.0382
December	0.0382	0.0376	0.0378