2024 XDR to MGA Historical Review

YEARLY HIGH

6233.6811 MGA

YEARLY LOW

5747.4594 MGA

YEARLY AVERAGE

6022.6807 MGA

2024 XDR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XDR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 6233.6811. Conversely, the yearly low was recorded on April 16, dropping to 5747.4594.

This high-to-low spread represents a total annual volatility of 486.2217 MGA. From a start-to-finish perspective, comparing the January average rate of 6094.2179 to the December average rate of 6164.2302, the exchange rate registered a net change of 1.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 6233.6811 was up 0.80% compared to the 2023 peak of 6184.4267, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 31,168,405 MGA

2023 Average 29,699,807 MGA

Yearly Trough Low 28,737,297 MGA

Transaction Impact: A difference of 2,431,108.29 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6200.0926

5769.7440

JanuMarcMayJulySeptNove

XDR 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 5938.0348, compared to 6107.3266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 169.2918 points.

H1 Avg (Jan–Jun) 5938.0348

H2 Avg (Jul–Dec) 6107.3266

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 252.0068 MGA (High: 6025.1909 / Low: 5773.1841). On the other end, October was the most stable month, with a tight range of 55.7095 MGA (High: 6175.1996 / Low: 6119.4901).

March Spread (Volatile) ±252.0068

October Spread (Stable) ±55.7095

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 135.4266 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -135.4266

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 6164.2302) against the same month in 2023 (average: 6111.3749), the exchange rate shifted by +52.8553 (+0.86%).

2024 Avg (December) 6164.2302

2023 Avg (December) 6111.3749

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6184.4110	6025.9237	6094.2179
February	6071.3581	5999.4707	6025.6614
March	6025.1909	5773.1841	5941.0329
April	5853.2770	5747.4594	5805.6064
May	5889.2868	5822.9276	5858.8519
June	5969.7871	5866.7641	5902.8384
July	6054.6524	5870.3136	5957.8427
August	6171.4976	6026.8903	6100.2475
September	6154.8451	6091.3425	6128.3172
October	6175.1996	6119.4901	6146.1130
November	6188.5046	6103.9316	6147.2088
December	6233.6811	6090.3449	6164.2302