YEARLY HIGH
11.8165 MGA
YEARLY LOW
10.5737 MGA
YEARLY AVERAGE
11.3410 MGA

2023 AMD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AMD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 11.8165. Conversely, the yearly low was recorded on October 5, dropping to 10.5737.

This high-to-low spread represents a total annual volatility of 1.2428 MGA. From a start-to-finish perspective, comparing the January average rate of 11.1212 to the December average rate of 11.3313, the exchange rate registered a net change of 1.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.8165 was up 3.85% compared to the 2022 peak of 11.3783, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59,083 MGA
2022 Average 47,793 MGA
Yearly Trough Low 52,869 MGA
Transaction Impact: A difference of 6,213.87 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.7486
10.8313
JanuMarcMayJulySeptNove

AMD 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 11.2296, compared to 11.4524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2228 points.

H1 Avg (Jan–Jun) 11.2296
H2 Avg (Jul–Dec) 11.4524

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.9069 MGA (High: 11.4806 / Low: 10.5737). On the other end, November was the most stable month, with a tight range of 0.1739 MGA (High: 11.3138 / Low: 11.1399).

October Spread (Volatile) ±0.9069
November Spread (Stable) ±0.1739

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.4608 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.4608

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 11.6174) against the same month in 2022 (average: 10.1235), the exchange rate shifted by +1.4939 (+14.76%).

2023 Avg (July) 11.6174
2022 Avg (July) 10.1235

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.5035 10.7588 11.1212
February 11.0667 10.7711 10.9077
March 11.1989 11.0136 11.1026
April 11.5058 11.1275 11.2759
May 11.4516 11.2696 11.3857
June 11.7563 11.3779 11.5845
July 11.8165 11.3880 11.6174
August 11.7400 11.4933 11.6488
September 11.8156 11.3995 11.6722
October 11.4806 10.5737 11.2114
November 11.3138 11.1399 11.2336
December 11.4137 11.1721 11.3313