YEARLY HIGH
5.1249 STD
YEARLY LOW
4.7122 STD
YEARLY AVERAGE
4.9146 STD

2024 MGA to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 5.1249. Conversely, the yearly low was recorded on December 13, dropping to 4.7122.

This high-to-low spread represents a total annual volatility of 0.4127 STD. From a start-to-finish perspective, comparing the January average rate of 4.8824 to the December average rate of 4.7412, the exchange rate registered a net change of -2.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 5.1249 was down 4.83% compared to the 2023 peak of 5.3853, 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 25,625 STD
2023 Average 25,394 STD
Yearly Trough Low 23,561 STD
Transaction Impact: A difference of 2,063.43 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5.1018
4.7085
JanuMarcMayJulySeptNove

MGA to STD 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 4.9762, compared to 4.8529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1233 points.

H1 Avg (Jan–Jun) 4.9762
H2 Avg (Jul–Dec) 4.8529

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.1847 STD (High: 5.1089 / Low: 4.9242). On the other end, February was the most stable month, with a tight range of 0.0460 STD (High: 4.9313 / Low: 4.8852).

March Spread (Volatile) ±0.1847
February Spread (Stable) ±0.0460

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 July and August, when the average rate fell by 0.0655 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0655

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 5.0690) against the same month in 2023 (average: 5.2139), the exchange rate shifted by -0.1449 (-2.78%).

2024 Avg (April) 5.0690
2023 Avg (April) 5.2139

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.9328 4.8220 4.8824
February 4.9313 4.8852 4.9080
March 5.1089 4.9242 4.9886
April 5.1249 5.0031 5.0690
May 5.0546 4.9978 5.0270
June 5.0192 4.9261 4.9824
July 4.9969 4.8803 4.9460
August 4.9507 4.8386 4.8805
September 4.9343 4.8803 4.9051
October 4.9063 4.8230 4.8537
November 4.8402 4.7469 4.7909
December 4.7887 4.7122 4.7412