2024 MGA to RUB Historical Review

YEARLY HIGH

0.0242 RUB

YEARLY LOW

0.0186 RUB

YEARLY AVERAGE

0.0205 RUB

2024 MGA to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.0242. Conversely, the yearly low was recorded on June 19, dropping to 0.0186.

This high-to-low spread represents a total annual volatility of 0.0056 RUB. From a start-to-finish perspective, comparing the January average rate of 0.0196 to the December average rate of 0.0221, the exchange rate registered a net change of 12.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0242 was up 8.22% compared to the 2023 peak of 0.0223, 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 121 RUB

2023 Average 96 RUB

Yearly Trough Low 93 RUB

Transaction Impact: A difference of 27.87 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0224

0.0191

JanuMarcMayJulySeptNove

MGA to RUB 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 0.0203, compared to 0.0206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0203

H2 Avg (Jul–Dec) 0.0206

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0033 RUB (High: 0.0242 / Low: 0.0208). On the other end, October was the most stable month, with a tight range of 0.0005 RUB (High: 0.0212 / Low: 0.0207).

November Spread (Volatile) ±0.0033

October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and December, 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 May and June, when the average rate fell by 0.0008 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0217) against the same month in 2023 (average: 0.0201), the exchange rate shifted by +0.0016 (+8.15%).

2024 Avg (November) 0.0217

2023 Avg (November) 0.0201

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0200	0.0193	0.0196
February	0.0209	0.0199	0.0202
March	0.0212	0.0202	0.0206
April	0.0216	0.0207	0.0212
May	0.0210	0.0199	0.0206
June	0.0204	0.0186	0.0197
July	0.0200	0.0187	0.0194
August	0.0202	0.0187	0.0195
September	0.0208	0.0192	0.0201
October	0.0212	0.0207	0.0210
November	0.0242	0.0208	0.0217
December	0.0241	0.0211	0.0221