2024 MGA to JPY Historical Review

YEARLY HIGH

0.0362 JPY

YEARLY LOW

0.0305 JPY

YEARLY AVERAGE

0.0334 JPY

2024 MGA to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 4, valuing the pair at 0.0362. Conversely, the yearly low was recorded on January 1, dropping to 0.0305.

This high-to-low spread represents a total annual volatility of 0.0056 JPY. From a start-to-finish perspective, comparing the January average rate of 0.0320 to the December average rate of 0.0328, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0362 was up 7.21% compared to the 2023 peak of 0.0337, 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 181 JPY

2023 Average 158 JPY

Yearly Trough Low 153 JPY

Transaction Impact: A difference of 28.21 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0357

0.0311

JanuMarcMayJulySeptNove

MGA to JPY 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 0.0340, compared to 0.0328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0340

H2 Avg (Jul–Dec) 0.0328

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0033 JPY (High: 0.0362 / Low: 0.0329). On the other end, February was the most stable month, with a tight range of 0.0011 JPY (High: 0.0333 / Low: 0.0323).

July Spread (Volatile) ±0.0033

February Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0029 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0350) against the same month in 2023 (average: 0.0314), the exchange rate shifted by +0.0036 (+11.51%).

2024 Avg (July) 0.0350

2023 Avg (July) 0.0314

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0327	0.0305	0.0320
February	0.0333	0.0323	0.0330
March	0.0347	0.0326	0.0335
April	0.0355	0.0344	0.0350
May	0.0356	0.0345	0.0351
June	0.0360	0.0348	0.0354
July	0.0362	0.0329	0.0350
August	0.0329	0.0315	0.0320
September	0.0323	0.0309	0.0315
October	0.0333	0.0316	0.0327
November	0.0336	0.0319	0.0330
December	0.0337	0.0318	0.0328