YEARLY HIGH
696.9114 MGA
YEARLY LOW
640.6811 MGA
YEARLY AVERAGE
668.3678 MGA

2024 TTD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TTD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 696.9114. Conversely, the yearly low was recorded on March 26, dropping to 640.6811.

This high-to-low spread represents a total annual volatility of 56.2304 MGA. From a start-to-finish perspective, comparing the January average rate of 672.6374 to the December average rate of 692.5908, the exchange rate registered a net change of 2.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 696.9114 was up 2.65% compared to the 2023 peak of 678.9072, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,484,557 MGA
2023 Average 3,279,970 MGA
Yearly Trough Low 3,203,405 MGA
Transaction Impact: A difference of 281,151.77 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

697.0409
643.6402
JanuMarcMayJulySeptNove

TTD 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 659.9890, compared to 676.7467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.7576 points.

H1 Avg (Jan–Jun) 659.9890
H2 Avg (Jul–Dec) 676.7467

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 26.3866 MGA (High: 667.0677 / Low: 640.6811). On the other end, February was the most stable month, with a tight range of 5.1177 MGA (High: 671.3795 / Low: 666.2619).

March Spread (Volatile) ±26.3866
February Spread (Stable) ±5.1177

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 10.4874 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -10.4874

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 692.5908) against the same month in 2023 (average: 674.0502), the exchange rate shifted by +18.5407 (+2.75%).

2024 Avg (December) 692.5908
2023 Avg (December) 674.0502

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 679.0823 666.4346 672.6374
February 671.3795 666.2619 668.7335
March 667.0677 640.6811 658.2462
April 655.8297 641.4591 648.0902
May 655.8671 649.2248 653.2895
June 667.9675 654.6224 658.9372
July 672.4294 657.8743 664.3913
August 680.4831 665.0726 673.2554
September 673.5093 664.9523 669.0308
October 681.5657 669.0139 676.0164
November 692.3276 677.6196 685.1953
December 696.9114 685.1829 692.5908