YEARLY HIGH
0.0011 LYD
YEARLY LOW
0.0010 LYD
YEARLY AVERAGE
0.0011 LYD

2024 MGA to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0011. Conversely, the yearly low was recorded on December 15, dropping to 0.0010.

This high-to-low spread represents a total annual volatility of 0.0001 LYD. From a start-to-finish perspective, comparing the January average rate of 0.0011 to the December average rate of 0.0010, the exchange rate registered a net change of -1.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0011 was down 1.52% compared to the 2023 peak of 0.0011, 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 6 LYD
2023 Average 5 LYD
Yearly Trough Low 5 LYD
Transaction Impact: A difference of 0.41 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0011
0.0010
JanuMarcMayJulySeptNove

MGA to LYD 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 0.0011, compared to 0.0011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0011
H2 Avg (Jul–Dec) 0.0011

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0000 LYD (High: 0.0011 / Low: 0.0011). On the other end, October was the most stable month, with a tight range of 0.0000 LYD (High: 0.0010 / Low: 0.0010).

March Spread (Volatile) ±0.0000
October Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0011) against the same month in 2023 (average: 0.0011), the exchange rate shifted by +0.0000 (+1.46%).

2024 Avg (April) 0.0011
2023 Avg (April) 0.0011

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0011 0.0010 0.0011
February 0.0011 0.0011 0.0011
March 0.0011 0.0011 0.0011
April 0.0011 0.0011 0.0011
May 0.0011 0.0011 0.0011
June 0.0011 0.0011 0.0011
July 0.0011 0.0011 0.0011
August 0.0011 0.0010 0.0010
September 0.0011 0.0010 0.0010
October 0.0010 0.0010 0.0010
November 0.0011 0.0010 0.0010
December 0.0011 0.0010 0.0010