2024 MGA to PHP Historical Review

YEARLY HIGH

0.0132 PHP

YEARLY LOW

0.0120 PHP

YEARLY AVERAGE

0.0126 PHP

2024 MGA to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 0.0132. Conversely, the yearly low was recorded on January 1, dropping to 0.0120.

This high-to-low spread represents a total annual volatility of 0.0012 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0123 to the December average rate of 0.0124, the exchange rate registered a net change of 1.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0132 was up 1.84% compared to the 2023 peak of 0.0130, 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 66 PHP

2023 Average 62 PHP

Yearly Trough Low 60 PHP

Transaction Impact: A difference of 6.15 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0132

0.0122

JanuMarcMayJulySeptNove

MGA to PHP 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 0.0127, compared to 0.0126 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) 0.0127

H2 Avg (Jul–Dec) 0.0126

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0006 PHP (High: 0.0129 / Low: 0.0123). On the other end, February was the most stable month, with a tight range of 0.0002 PHP (High: 0.0125 / Low: 0.0123).

March Spread (Volatile) ±0.0006

February Spread (Stable) ±0.0002

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 0.0005 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0131) against the same month in 2023 (average: 0.0125), the exchange rate shifted by +0.0007 (+5.25%).

2024 Avg (June) 0.0131

2023 Avg (June) 0.0125

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0125	0.0120	0.0123
February	0.0125	0.0123	0.0123
March	0.0129	0.0123	0.0125
April	0.0131	0.0128	0.0130
May	0.0132	0.0129	0.0130
June	0.0132	0.0130	0.0131
July	0.0131	0.0128	0.0130
August	0.0128	0.0123	0.0125
September	0.0124	0.0122	0.0123
October	0.0127	0.0123	0.0125
November	0.0127	0.0125	0.0126
December	0.0128	0.0123	0.0124