2024 MGA to SOS Historical Review

YEARLY HIGH

0.1314 SOS

YEARLY LOW

0.1208 SOS

YEARLY AVERAGE

0.1260 SOS

2024 MGA to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.1314. Conversely, the yearly low was recorded on December 15, dropping to 0.1208.

This high-to-low spread represents a total annual volatility of 0.0106 SOS. From a start-to-finish perspective, comparing the January average rate of 0.1252 to the December average rate of 0.1216, the exchange rate registered a net change of -2.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1314 was down 1.63% compared to the 2023 peak of 0.1336, 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 657 SOS

2023 Average 640 SOS

Yearly Trough Low 604 SOS

Transaction Impact: A difference of 52.97 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1308

0.1207

JanuMarcMayJulySeptNove

MGA to SOS 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 0.1276, compared to 0.1244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.1276

H2 Avg (Jul–Dec) 0.1244

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0048 SOS (High: 0.1311 / Low: 0.1263). On the other end, May was the most stable month, with a tight range of 0.0009 SOS (High: 0.1293 / Low: 0.1284).

March Spread (Volatile) ±0.0048

May Spread (Stable) ±0.0009

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 0.0018 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1300) against the same month in 2023 (average: 0.1298), the exchange rate shifted by +0.0002 (+0.16%).

2024 Avg (April) 0.1300

2023 Avg (April) 0.1298

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1263	0.1240	0.1252
February	0.1264	0.1255	0.1259
March	0.1311	0.1263	0.1279
April	0.1314	0.1286	0.1300
May	0.1293	0.1284	0.1288
June	0.1290	0.1262	0.1278
July	0.1282	0.1252	0.1268
August	0.1266	0.1236	0.1250
September	0.1267	0.1251	0.1258
October	0.1259	0.1237	0.1245
November	0.1241	0.1218	0.1229
December	0.1228	0.1208	0.1216