2024 SLL to MGA Historical Review

YEARLY HIGH

0.2255 MGA

YEARLY LOW

0.2073 MGA

YEARLY AVERAGE

0.2163 MGA

2024 SLL to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SLL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 0.2255. Conversely, the yearly low was recorded on April 3, dropping to 0.2073.

This high-to-low spread represents a total annual volatility of 0.0182 MGA. From a start-to-finish perspective, comparing the January average rate of 0.2176 to the December average rate of 0.2241, the exchange rate registered a net change of 2.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2255 was down 12.54% compared to the 2023 peak of 0.2578, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,127 MGA

2023 Average 1,173 MGA

Yearly Trough Low 1,037 MGA

Transaction Impact: A difference of 90.79 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2256

0.2082

JanuMarcMayJulySeptNove

SLL 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 0.2136, compared to 0.2190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.2136

H2 Avg (Jul–Dec) 0.2190

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0078 MGA (High: 0.2158 / Low: 0.2080). On the other end, February was the most stable month, with a tight range of 0.0020 MGA (High: 0.2175 / Low: 0.2155).

March Spread (Volatile) ±0.0078

February Spread (Stable) ±0.0020

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 0.0035 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2241) against the same month in 2023 (average: 0.2185), the exchange rate shifted by +0.0056 (+2.56%).

2024 Avg (December) 0.2241

2023 Avg (December) 0.2185

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2204	0.2154	0.2176
February	0.2175	0.2155	0.2165
March	0.2158	0.2080	0.2130
April	0.2124	0.2073	0.2096
May	0.2126	0.2102	0.2114
June	0.2157	0.2117	0.2133
July	0.2177	0.2126	0.2148
August	0.2196	0.2146	0.2177
September	0.2177	0.2153	0.2166
October	0.2203	0.2166	0.2189
November	0.2238	0.2195	0.2218
December	0.2255	0.2219	0.2241