2023 BRL to MGA Historical Review

YEARLY HIGH

952.2128 MGA

YEARLY LOW

802.7857 MGA

YEARLY AVERAGE

891.9861 MGA

2023 BRL to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 952.2128. Conversely, the yearly low was recorded on March 18, dropping to 802.7857.

This high-to-low spread represents a total annual volatility of 149.4271 MGA. From a start-to-finish perspective, comparing the January average rate of 847.9997 to the December average rate of 935.8224, the exchange rate registered a net change of 10.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 952.2128 was up 8.28% compared to the 2022 peak of 879.4152, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 23,805,321 MGA

2022 Average 20,024,699 MGA

Yearly Trough Low 20,069,642 MGA

Transaction Impact: A difference of 3,735,678.62 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

948.9886

816.1035

JanuMarcMayJulySeptNove

BRL 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 864.2077, compared to 919.7644 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 55.5567 points.

H1 Avg (Jan–Jun) 864.2077

H2 Avg (Jul–Dec) 919.7644

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 72.8344 MGA (High: 949.3805 / Low: 876.5461). On the other end, November was the most stable month, with a tight range of 22.1307 MGA (High: 930.8434 / Low: 908.7127).

June Spread (Volatile) ±72.8344

November Spread (Stable) ±22.1307

Growth Streaks & Declines

Trends

Between March and July, 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 July and August, when the average rate fell by 20.6335 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -20.6335

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 935.8224) against the same month in 2022 (average: 842.7003), the exchange rate shifted by +93.1222 (+11.05%).

2023 Avg (December) 935.8224

2022 Avg (December) 842.7003

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	885.2831	816.3782	847.9997
February	848.3133	814.6227	829.8950
March	854.9760	802.7857	827.1773
April	894.1483	854.9760	873.0291
May	899.9577	872.0664	884.5103
June	949.3805	876.5461	922.6349
July	950.9424	923.8218	937.9148
August	939.0331	898.3361	917.2814
September	928.6629	897.4050	911.8961
October	908.3481	875.8126	894.5032
November	930.8434	908.7127	921.1684
December	952.2128	922.0178	935.8224