2024 WST to MGA Historical Review

YEARLY HIGH

1688.7516 MGA

YEARLY LOW

1552.7638 MGA

YEARLY AVERAGE

1619.8361 MGA

2024 WST to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 1688.7516. Conversely, the yearly low was recorded on April 3, dropping to 1552.7638.

This high-to-low spread represents a total annual volatility of 135.9877 MGA. From a start-to-finish perspective, comparing the January average rate of 1629.9502 to the December average rate of 1678.4458, 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 1688.7516 was up 0.22% compared to the 2023 peak of 1685.0818, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,443,758 MGA

2023 Average 8,145,877 MGA

Yearly Trough Low 7,763,819 MGA

Transaction Impact: A difference of 679,938.59 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1689.2929

1559.1282

JanuMarcMayJulySeptNove

WST 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 1599.5039, compared to 1640.1682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 40.6643 points.

H1 Avg (Jan–Jun) 1599.5039

H2 Avg (Jul–Dec) 1640.1682

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 58.4292 MGA (High: 1616.0714 / Low: 1557.6422). On the other end, February was the most stable month, with a tight range of 15.2112 MGA (High: 1628.9422 / Low: 1613.7310).

March Spread (Volatile) ±58.4292

February Spread (Stable) ±15.2112

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 25.9497 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -25.9497

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1678.4458) against the same month in 2023 (average: 1636.5829), the exchange rate shifted by +41.8629 (+2.56%).

2024 Avg (December) 1678.4458

2023 Avg (December) 1636.5829

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1650.3145	1613.2545	1629.9502
February	1628.9422	1613.7310	1621.3975
March	1616.0714	1557.6422	1595.4477
April	1590.5580	1552.7638	1569.9753
May	1592.2486	1574.3803	1583.0327
June	1615.4358	1585.4690	1597.2199
July	1630.6066	1592.5318	1609.0108
August	1644.6429	1607.3975	1630.5624
September	1630.5904	1612.7591	1622.3732
October	1649.9630	1621.9585	1639.5498
November	1676.4294	1644.0872	1661.0673
December	1688.7516	1661.7729	1678.4458