2024 MGA to TWD Historical Review

YEARLY HIGH

0.0074 TWD

YEARLY LOW

0.0066 TWD

YEARLY AVERAGE

0.0071 TWD

2024 MGA to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.0074. Conversely, the yearly low was recorded on January 1, dropping to 0.0066.

This high-to-low spread represents a total annual volatility of 0.0008 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0068 to the December average rate of 0.0069, the exchange rate registered a net change of 1.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0074 was up 3.05% compared to the 2023 peak of 0.0072, 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 37 TWD

2023 Average 35 TWD

Yearly Trough Low 33 TWD

Transaction Impact: A difference of 4.04 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0074

0.0068

JanuMarcMayJulySeptNove

MGA to TWD 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 0.0071, compared to 0.0070 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) 0.0071

H2 Avg (Jul–Dec) 0.0070

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0004 TWD (High: 0.0073 / Low: 0.0070). On the other end, May was the most stable month, with a tight range of 0.0001 TWD (High: 0.0073 / Low: 0.0072).

March Spread (Volatile) ±0.0004

May Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0074) against the same month in 2023 (average: 0.0070), the exchange rate shifted by +0.0004 (+5.41%).

2024 Avg (April) 0.0074

2023 Avg (April) 0.0070

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0069	0.0066	0.0068
February	0.0070	0.0069	0.0069
March	0.0073	0.0070	0.0071
April	0.0074	0.0073	0.0074
May	0.0073	0.0072	0.0073
June	0.0073	0.0072	0.0072
July	0.0073	0.0071	0.0072
August	0.0072	0.0069	0.0071
September	0.0071	0.0069	0.0070
October	0.0071	0.0069	0.0070
November	0.0070	0.0069	0.0070
December	0.0070	0.0069	0.0069