2024 SVC to MGA Historical Review

YEARLY HIGH

540.6417 MGA

YEARLY LOW

497.1911 MGA

YEARLY AVERAGE

518.4313 MGA

2024 SVC to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 540.6417. Conversely, the yearly low was recorded on April 3, dropping to 497.1911.

This high-to-low spread represents a total annual volatility of 43.4506 MGA. From a start-to-finish perspective, comparing the January average rate of 521.6699 to the December average rate of 537.2643, the exchange rate registered a net change of 2.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 540.6417 was up 2.66% compared to the 2023 peak of 526.6205, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,703,208 MGA

2023 Average 2,544,511 MGA

Yearly Trough Low 2,485,955 MGA

Transaction Impact: A difference of 217,252.97 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

540.7205

499.2470

JanuMarcMayJulySeptNove

SVC 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 511.9714, compared to 524.8912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.9198 points.

H1 Avg (Jan–Jun) 511.9714

H2 Avg (Jul–Dec) 524.8912

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 19.0607 MGA (High: 517.3849 / Low: 498.3242). On the other end, February was the most stable month, with a tight range of 4.0831 MGA (High: 520.6232 / Low: 516.5401).

March Spread (Volatile) ±19.0607

February Spread (Stable) ±4.0831

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 March and April, when the average rate fell by 8.1446 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -8.1446

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 537.2643) against the same month in 2023 (average: 523.1624), the exchange rate shifted by +14.1019 (+2.70%).

2024 Avg (December) 537.2643

2023 Avg (December) 523.1624

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	526.6192	516.9684	521.6699
February	520.6232	516.5401	518.7602
March	517.3849	498.3242	510.8478
April	509.2656	497.1911	502.7031
May	508.8760	503.8269	506.7392
June	518.0215	506.6301	511.1083
July	521.6675	509.5808	514.9876
August	528.2586	516.2954	522.2576
September	521.6119	515.9369	519.0735
October	527.9725	518.5671	524.3141
November	536.1380	525.9859	531.4503
December	540.6417	531.7348	537.2643