2024 MGA to LRD Historical Review

YEARLY HIGH

0.0444 LRD

YEARLY LOW

0.0380 LRD

YEARLY AVERAGE

0.0422 LRD

2024 MGA to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0444. Conversely, the yearly low was recorded on December 12, dropping to 0.0380.

This high-to-low spread represents a total annual volatility of 0.0064 LRD. From a start-to-finish perspective, comparing the January average rate of 0.0414 to the December average rate of 0.0384, the exchange rate registered a net change of -7.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0444 was up 5.68% compared to the 2023 peak of 0.0420, 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 222 LRD

2023 Average 196 LRD

Yearly Trough Low 190 LRD

Transaction Impact: A difference of 31.82 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0444

0.0379

JanuMarcMayJulySeptNove

MGA to LRD 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 0.0429, compared to 0.0416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0429

H2 Avg (Jul–Dec) 0.0416

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0035 LRD (High: 0.0417 / Low: 0.0382). On the other end, May was the most stable month, with a tight range of 0.0005 LRD (High: 0.0439 / Low: 0.0434).

November Spread (Volatile) ±0.0035

May Spread (Stable) ±0.0005

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 October and November, when the average rate fell by 0.0022 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0438) against the same month in 2023 (average: 0.0373), the exchange rate shifted by +0.0066 (+17.67%).

2024 Avg (April) 0.0438

2023 Avg (April) 0.0373

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0421	0.0408	0.0414
February	0.0423	0.0417	0.0420
March	0.0442	0.0424	0.0431
April	0.0444	0.0430	0.0438
May	0.0439	0.0434	0.0437
June	0.0437	0.0429	0.0434
July	0.0436	0.0428	0.0433
August	0.0435	0.0425	0.0428
September	0.0442	0.0426	0.0431
October	0.0427	0.0416	0.0420
November	0.0417	0.0382	0.0398
December	0.0392	0.0380	0.0384

2024 MGA నుండి LRD చారిత్రక సమీక్ష