YEARLY HIGH
0.1378 SDG
YEARLY LOW
0.1272 SDG
YEARLY AVERAGE
0.1319 SDG

2024 MGA to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.1378. Conversely, the yearly low was recorded on December 13, dropping to 0.1272.

This high-to-low spread represents a total annual volatility of 0.0106 SDG. From a start-to-finish perspective, comparing the January average rate of 0.1317 to the December average rate of 0.1280, the exchange rate registered a net change of -2.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1378 was down 1.60% compared to the 2023 peak of 0.1400, 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 689 SDG
2023 Average 670 SDG
Yearly Trough Low 636 SDG
Transaction Impact: A difference of 52.96 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1359
0.1273
JanuMarcMayJulySeptNove

MGA to SDG 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 0.1330, compared to 0.1308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.1330
H2 Avg (Jul–Dec) 0.1308

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0080 SDG (High: 0.1363 / Low: 0.1283). On the other end, February was the most stable month, with a tight range of 0.0014 SDG (High: 0.1330 / Low: 0.1317).

May Spread (Volatile) ±0.0080
February Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0024 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.1329) against the same month in 2023 (average: 0.1368), the exchange rate shifted by -0.0039 (-2.85%).

2024 Avg (March) 0.1329
2023 Avg (March) 0.1368

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1330 0.1301 0.1317
February 0.1330 0.1317 0.1324
March 0.1378 0.1299 0.1329
April 0.1373 0.1316 0.1334
May 0.1363 0.1283 0.1351
June 0.1354 0.1303 0.1327
July 0.1348 0.1283 0.1320
August 0.1336 0.1306 0.1317
September 0.1332 0.1317 0.1324
October 0.1324 0.1302 0.1310
November 0.1307 0.1281 0.1293
December 0.1293 0.1272 0.1280