2023 CHF to MGA Historical Review

YEARLY HIGH

5490.2356 MGA

YEARLY LOW

4549.5385 MGA

YEARLY AVERAGE

4956.0376 MGA

2023 CHF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 5490.2356. Conversely, the yearly low was recorded on February 28, dropping to 4549.5385.

This high-to-low spread represents a total annual volatility of 940.6971 MGA. From a start-to-finish perspective, comparing the January average rate of 4760.0206 to the December average rate of 5305.8998, the exchange rate registered a net change of 11.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 5490.2356 was up 13.30% compared to the 2022 peak of 4845.6897, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27,451,178 MGA

2022 Average 21,638,352 MGA

Yearly Trough Low 22,747,692 MGA

Transaction Impact: A difference of 4,703,485.50 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5372.6342

4571.8213

JanuMarcMayJulySeptNove

CHF 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 4800.1527, compared to 5111.9226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 311.7698 points.

H1 Avg (Jan–Jun) 4800.1527

H2 Avg (Jul–Dec) 5111.9226

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 319.0106 MGA (High: 5490.2356 / Low: 5171.2250). On the other end, August was the most stable month, with a tight range of 109.7153 MGA (High: 5172.0736 / Low: 5062.3583).

December Spread (Volatile) ±319.0106

August Spread (Stable) ±109.7153

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 January and February, when the average rate fell by 121.4649 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -121.4649

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 5305.8998) against the same month in 2022 (average: 4742.4507), the exchange rate shifted by +563.4491 (+11.88%).

2023 Avg (December) 5305.8998

2022 Avg (December) 4742.4507

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4926.6161	4615.2604	4760.0206
February	4725.9918	4549.5385	4638.5557
March	4757.9548	4558.4914	4658.5121
April	4959.4607	4720.1039	4870.7076
May	4986.8722	4849.2001	4900.5318
June	5068.8809	4853.6648	4972.5884
July	5269.7991	5053.9699	5147.9967
August	5172.0736	5062.3583	5123.3997
September	5101.3006	4931.2409	5016.4928
October	5079.3419	4923.4947	5011.4490
November	5196.1793	4965.6005	5066.2973
December	5490.2356	5171.2250	5305.8998