2024 MGA to MVR Historical Review

YEARLY HIGH

0.0036 MVR

YEARLY LOW

0.0033 MVR

YEARLY AVERAGE

0.0034 MVR

2024 MGA to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0036. Conversely, the yearly low was recorded on May 2, dropping to 0.0033.

This high-to-low spread represents a total annual volatility of 0.0003 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0034 to the December average rate of 0.0033, the exchange rate registered a net change of -2.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0036 was down 2.14% compared to the 2023 peak of 0.0036, 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 18 MVR

2023 Average 17 MVR

Yearly Trough Low 16 MVR

Transaction Impact: A difference of 1.52 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0035

0.0033

JanuMarcMayJulySeptNove

MGA to MVR 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 0.0034, compared to 0.0034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0034

H2 Avg (Jul–Dec) 0.0034

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0003 MVR (High: 0.0035 / Low: 0.0033). On the other end, February was the most stable month, with a tight range of 0.0000 MVR (High: 0.0034 / Low: 0.0034).

May Spread (Volatile) ±0.0003

February 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: 0.0035) against the same month in 2023 (average: 0.0035), the exchange rate shifted by +0.0000 (+0.21%).

2024 Avg (April) 0.0035

2023 Avg (April) 0.0035

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0034	0.0033	0.0034
February	0.0034	0.0034	0.0034
March	0.0035	0.0034	0.0035
April	0.0036	0.0035	0.0035
May	0.0035	0.0033	0.0035
June	0.0035	0.0034	0.0034
July	0.0035	0.0034	0.0034
August	0.0034	0.0033	0.0034
September	0.0034	0.0034	0.0034
October	0.0034	0.0033	0.0033
November	0.0034	0.0033	0.0033
December	0.0033	0.0033	0.0033