2023 LBP to MGA Historical Review

YEARLY HIGH

2.9935 MGA

YEARLY LOW

0.2784 MGA

YEARLY AVERAGE

0.5508 MGA

2023 LBP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 2.9935. Conversely, the yearly low was recorded on February 6, dropping to 0.2784.

This high-to-low spread represents a total annual volatility of 2.7151 MGA. From a start-to-finish perspective, comparing the January average rate of 2.9017 to the December average rate of 0.3045, the exchange rate registered a net change of -89.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.9935 was up 1.73% compared to the 2022 peak of 2.9425, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,968 MGA

2022 Average 13,623 MGA

Yearly Trough Low 1,392 MGA

Transaction Impact: A difference of 13,575.54 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.1633

0.0243

JanuMarcMayJulySeptNove

LBP 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 0.8009, compared to 0.3007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5002 points.

H1 Avg (Jan–Jun) 0.8009

H2 Avg (Jul–Dec) 0.3007

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.5636 MGA (High: 2.8420 / Low: 0.2784). On the other end, October was the most stable month, with a tight range of 0.0034 MGA (High: 0.3027 / Low: 0.2993).

February Spread (Volatile) ±2.5636

October Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between March and October, 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 January and February, when the average rate fell by 2.1617 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -2.1617

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.9017) against the same month in 2022 (average: 2.6327), the exchange rate shifted by +0.2690 (+10.22%).

2023 Avg (January) 2.9017

2022 Avg (January) 2.6327

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9935	2.8040	2.9017
February	2.8420	0.2784	0.7400
March	0.2909	0.2825	0.2859
April	0.2940	0.2844	0.2900
May	0.2939	0.2870	0.2918
June	0.3017	0.2902	0.2960
July	0.3036	0.2897	0.2987
August	0.3018	0.2955	0.2989
September	0.3026	0.2951	0.2996
October	0.3027	0.2993	0.3015
November	0.3029	0.2984	0.3009
December	0.3066	0.2992	0.3045