2024 MGA to GMD Historical Review

YEARLY HIGH

0.0157 GMD

YEARLY LOW

0.0146 GMD

YEARLY AVERAGE

0.0152 GMD

2024 MGA to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 11, valuing the pair at 0.0157. Conversely, the yearly low was recorded on January 1, dropping to 0.0146.

This high-to-low spread represents a total annual volatility of 0.0011 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0147 to the December average rate of 0.0153, the exchange rate registered a net change of 3.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0157 was up 4.35% compared to the 2023 peak of 0.0150, 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 78 GMD

2023 Average 70 GMD

Yearly Trough Low 73 GMD

Transaction Impact: A difference of 5.41 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0155

0.0147

JanuMarcMayJulySeptNove

MGA to GMD 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 0.0151, compared to 0.0152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0151

H2 Avg (Jul–Dec) 0.0152

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0006 GMD (High: 0.0154 / Low: 0.0148). On the other end, May was the most stable month, with a tight range of 0.0002 GMD (High: 0.0154 / Low: 0.0152).

October Spread (Volatile) ±0.0006

May Spread (Stable) ±0.0002

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 September and October, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0153) against the same month in 2023 (average: 0.0137), the exchange rate shifted by +0.0016 (+11.73%).

2024 Avg (September) 0.0153

2023 Avg (September) 0.0137

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0149	0.0146	0.0147
February	0.0150	0.0148	0.0149
March	0.0156	0.0150	0.0152
April	0.0156	0.0153	0.0154
May	0.0154	0.0152	0.0153
June	0.0153	0.0150	0.0152
July	0.0152	0.0148	0.0151
August	0.0156	0.0150	0.0153
September	0.0157	0.0151	0.0153
October	0.0154	0.0148	0.0151
November	0.0155	0.0151	0.0153
December	0.0155	0.0151	0.0153