2024 MGA to UAH Historical Review

YEARLY HIGH

0.0092 UAH

YEARLY LOW

0.0082 UAH

YEARLY AVERAGE

0.0089 UAH

2024 MGA to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.0092. Conversely, the yearly low was recorded on January 22, dropping to 0.0082.

This high-to-low spread represents a total annual volatility of 0.0010 UAH. From a start-to-finish perspective, comparing the January average rate of 0.0083 to the December average rate of 0.0089, the exchange rate registered a net change of 7.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0092 was up 6.49% compared to the 2023 peak of 0.0087, 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 46 UAH

2023 Average 41 UAH

Yearly Trough Low 41 UAH

Transaction Impact: A difference of 5.03 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0092

0.0082

JanuMarcMayJulySeptNove

MGA to UAH 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 0.0087, compared to 0.0090 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) 0.0087

H2 Avg (Jul–Dec) 0.0090

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0006 UAH (High: 0.0090 / Low: 0.0084). On the other end, October was the most stable month, with a tight range of 0.0002 UAH (High: 0.0091 / Low: 0.0089).

March Spread (Volatile) ±0.0006

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0001 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0091) against the same month in 2023 (average: 0.0082), the exchange rate shifted by +0.0009 (+11.18%).

2024 Avg (July) 0.0091

2023 Avg (July) 0.0082

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0084	0.0082	0.0083
February	0.0085	0.0083	0.0084
March	0.0090	0.0084	0.0087
April	0.0091	0.0088	0.0090
May	0.0091	0.0089	0.0090
June	0.0091	0.0089	0.0091
July	0.0092	0.0090	0.0091
August	0.0091	0.0089	0.0090
September	0.0092	0.0090	0.0091
October	0.0091	0.0089	0.0090
November	0.0090	0.0088	0.0089
December	0.0090	0.0088	0.0089