YEARLY HIGH
0.2122 MGA
YEARLY LOW
0.1951 MGA
YEARLY AVERAGE
0.2036 MGA

2024 STD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the STD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 0.2122. Conversely, the yearly low was recorded on April 3, dropping to 0.1951.

This high-to-low spread represents a total annual volatility of 0.0171 MGA. From a start-to-finish perspective, comparing the January average rate of 0.2048 to the December average rate of 0.2109, 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 0.2122 was up 2.42% compared to the 2023 peak of 0.2072, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,061 MGA
2023 Average 985 MGA
Yearly Trough Low 976 MGA
Transaction Impact: A difference of 85.44 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2123
0.1959
JanuMarcMayJulySeptNove

STD 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 0.2010, compared to 0.2061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.2010
H2 Avg (Jul–Dec) 0.2061

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0073 MGA (High: 0.2031 / Low: 0.1957). On the other end, February was the most stable month, with a tight range of 0.0019 MGA (High: 0.2047 / Low: 0.2028).

March Spread (Volatile) ±0.0073
February Spread (Stable) ±0.0019

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 0.0033 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2109) against the same month in 2023 (average: 0.2057), the exchange rate shifted by +0.0053 (+2.56%).

2024 Avg (December) 0.2109
2023 Avg (December) 0.2057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2074 0.2027 0.2048
February 0.2047 0.2028 0.2037
March 0.2031 0.1957 0.2005
April 0.1999 0.1951 0.1973
May 0.2001 0.1978 0.1989
June 0.2030 0.1992 0.2007
July 0.2049 0.2001 0.2022
August 0.2067 0.2020 0.2049
September 0.2049 0.2027 0.2039
October 0.2073 0.2038 0.2060
November 0.2107 0.2066 0.2087
December 0.2122 0.2088 0.2109