2024 SAR to MGA Historical Review

YEARLY HIGH

1258.4019 MGA

YEARLY LOW

1159.1278 MGA

YEARLY AVERAGE

1208.7610 MGA

2024 SAR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 1258.4019. Conversely, the yearly low was recorded on April 3, dropping to 1159.1278.

This high-to-low spread represents a total annual volatility of 99.2741 MGA. From a start-to-finish perspective, comparing the January average rate of 1216.9666 to the December average rate of 1251.0342, the exchange rate registered a net change of 2.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1258.4019 was up 2.16% compared to the 2023 peak of 1231.8208, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SAR based on timing:

Yearly Peak High 6,292,010 MGA

2023 Average 5,932,025 MGA

Yearly Trough Low 5,795,639 MGA

Transaction Impact: A difference of 496,370.73 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1258.9366

1164.1081

JanuMarcMayJulySeptNove

SAR to MGA 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 1194.1396, compared to 1223.3824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 29.2428 points.

H1 Avg (Jan–Jun) 1194.1396

H2 Avg (Jul–Dec) 1223.3824

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 44.7490 MGA (High: 1206.5849 / Low: 1161.8359). On the other end, February was the most stable month, with a tight range of 11.5736 MGA (High: 1216.2444 / Low: 1204.6708).

March Spread (Volatile) ±44.7490

February Spread (Stable) ±11.5736

Growth Streaks & Declines

Trends

Between April and August, 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 February and March, when the average rate fell by 19.4275 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -19.4275

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1251.0342) against the same month in 2023 (average: 1221.6538), the exchange rate shifted by +29.3803 (+2.40%).

2024 Avg (December) 1251.0342

2023 Avg (December) 1221.6538

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1232.2348	1204.5241	1216.9666
February	1216.2444	1204.6708	1210.5788
March	1206.5849	1161.8359	1191.1513
April	1187.9166	1159.1278	1172.0105
May	1188.7002	1175.5219	1181.8396
June	1206.9484	1183.4795	1192.2911
July	1217.0415	1188.8470	1201.0444
August	1227.1524	1199.7579	1216.7183
September	1217.3598	1203.4066	1210.6215
October	1230.1173	1209.5316	1222.4774
November	1249.4210	1225.4189	1238.3988
December	1258.4019	1238.4723	1251.0342