YEARLY HIGH
49.6363 MGA
YEARLY LOW
39.4668 MGA
YEARLY AVERAGE
44.3710 MGA

2023 ALL to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ALL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 49.6363. Conversely, the yearly low was recorded on February 27, dropping to 39.4668.

This high-to-low spread represents a total annual volatility of 10.1694 MGA. From a start-to-finish perspective, comparing the January average rate of 40.7526 to the December average rate of 48.6631, the exchange rate registered a net change of 19.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 49.6363 was up 18.06% compared to the 2022 peak of 42.0447, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 248,181 MGA
2022 Average 182,812 MGA
Yearly Trough Low 197,334 MGA
Transaction Impact: A difference of 50,847.09 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

49.5516
38.8904
JanuMarcMayJulySeptNove

ALL 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 41.9741, compared to 46.7679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.7938 points.

H1 Avg (Jan–Jun) 41.9741
H2 Avg (Jul–Dec) 46.7679

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 4.0710 MGA (High: 48.3406 / Low: 44.2695). On the other end, February was the most stable month, with a tight range of 0.7755 MGA (High: 40.2423 / Low: 39.4668).

August Spread (Volatile) ±4.0710
February Spread (Stable) ±0.7755

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.6698 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.6698

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 48.1662) against the same month in 2022 (average: 35.9683), the exchange rate shifted by +12.1979 (+33.91%).

2023 Avg (July) 48.1662
2022 Avg (July) 35.9683

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 42.1212 39.7252 40.7526
February 40.2423 39.4668 39.7788
March 41.5488 39.5945 40.3248
April 43.8652 41.5053 42.7495
May 43.7129 42.0577 43.0373
June 46.6019 43.0556 45.2017
July 49.6363 46.2835 48.1662
August 48.3406 44.2695 46.4964
September 45.4356 44.4389 45.0496
October 45.6739 44.7767 45.2231
November 48.7250 45.2869 47.0092
December 49.2665 48.2210 48.6631