YEARLY HIGH
0.0257 XPF
YEARLY LOW
0.0233 XPF
YEARLY AVERAGE
0.0243 XPF

2024 MGA to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.0257. Conversely, the yearly low was recorded on August 23, dropping to 0.0233.

This high-to-low spread represents a total annual volatility of 0.0025 XPF. From a start-to-finish perspective, comparing the January average rate of 0.0240 to the December average rate of 0.0242, the exchange rate registered a net change of 1.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0257 was down 2.22% compared to the 2023 peak of 0.0263, 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 129 XPF
2023 Average 124 XPF
Yearly Trough Low 116 XPF
Transaction Impact: A difference of 12.41 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0255
0.0235
JanuMarcMayJulySeptNove

MGA to XPF 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 0.0247, compared to 0.0240 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0247
H2 Avg (Jul–Dec) 0.0240

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0012 XPF (High: 0.0253 / Low: 0.0242). On the other end, February was the most stable month, with a tight range of 0.0003 XPF (High: 0.0245 / Low: 0.0242).

March Spread (Volatile) ±0.0012
February Spread (Stable) ±0.0003

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 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0253) against the same month in 2023 (average: 0.0248), the exchange rate shifted by +0.0005 (+2.06%).

2024 Avg (April) 0.0253
2023 Avg (April) 0.0248

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0245 0.0234 0.0240
February 0.0245 0.0242 0.0244
March 0.0253 0.0242 0.0246
April 0.0257 0.0250 0.0253
May 0.0252 0.0247 0.0249
June 0.0251 0.0245 0.0248
July 0.0249 0.0241 0.0244
August 0.0243 0.0233 0.0237
September 0.0239 0.0235 0.0236
October 0.0241 0.0237 0.0239
November 0.0245 0.0237 0.0241
December 0.0248 0.0240 0.0242