2023 LSL to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 LSL to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the LSL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 268.3757. Conversely, the yearly low was recorded on June 1, dropping to 222.2765.
This high-to-low spread represents a total annual volatility of 46.0992 MGA. From a start-to-finish perspective, comparing the January average rate of 257.2317 to the December average rate of 245.4916, the exchange rate registered a net change of -4.56% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 268.3757 was down 3.32% compared to the 2022 peak of 277.5812, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LSL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
LSL to MGA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 240.8784, compared to 241.7174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8390 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 26.6274 MGA (High: 248.9039 / Low: 222.2765). On the other end, April was the most stable month, with a tight range of 7.0743 MGA (High: 244.4568 / Low: 237.3825).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 17.0504 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 257.2317) against the same month in 2022 (average: 257.1057), the exchange rate shifted by +0.1260 (+0.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 268.3757 | 245.7626 | 257.2317 |
| February | 250.7314 | 232.5242 | 240.1813 |
| March | 242.8050 | 231.0267 | 235.9783 |
| April | 244.4568 | 237.3825 | 241.3934 |
| May | 241.1105 | 223.1703 | 231.3065 |
| June | 248.9039 | 222.2765 | 239.1790 |
| July | 255.7819 | 239.1205 | 247.0542 |
| August | 249.3847 | 230.6938 | 239.4970 |
| September | 241.3901 | 232.7756 | 237.8713 |
| October | 240.9815 | 232.8002 | 237.6230 |
| November | 248.5927 | 230.9166 | 242.7674 |
| December | 251.5520 | 239.2359 | 245.4916 |