2024 YER to MGA Historical Review

YEARLY HIGH

18.9158 MGA

YEARLY LOW

17.3649 MGA

YEARLY AVERAGE

18.1221 MGA

2024 YER to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 18.9158. Conversely, the yearly low was recorded on April 3, dropping to 17.3649.

This high-to-low spread represents a total annual volatility of 1.5508 MGA. From a start-to-finish perspective, comparing the January average rate of 18.2304 to the December average rate of 18.7933, the exchange rate registered a net change of 3.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.9158 was up 2.37% compared to the 2023 peak of 18.4770, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 94,579 MGA

2023 Average 88,904 MGA

Yearly Trough Low 86,825 MGA

Transaction Impact: A difference of 7,754.24 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.9169

17.4342

JanuMarcMayJulySeptNove

YER 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 17.8908, compared to 18.3535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4627 points.

H1 Avg (Jan–Jun) 17.8908

H2 Avg (Jul–Dec) 18.3535

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.6553 MGA (High: 18.0765 / Low: 17.4212). On the other end, May was the most stable month, with a tight range of 0.1931 MGA (High: 17.8082 / Low: 17.6151).

March Spread (Volatile) ±0.6553

May Spread (Stable) ±0.1931

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 0.2950 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2950

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 18.7933) against the same month in 2023 (average: 18.3131), the exchange rate shifted by +0.4802 (+2.62%).

2024 Avg (December) 18.7933

2023 Avg (December) 18.3131

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.4665	18.0432	18.2304
February	18.2618	18.0485	18.1383
March	18.0765	17.4212	17.8433
April	17.7938	17.3649	17.5578
May	17.8082	17.6151	17.7124
June	18.0676	17.7289	17.8624
July	18.2407	17.8114	17.9959
August	18.3906	17.9741	18.2374
September	18.2389	18.0395	18.1466
October	18.4556	18.1411	18.3377
November	18.7825	18.3907	18.6100
December	18.9158	18.6252	18.7933