YEARLY HIGH
967.0341 MGA
YEARLY LOW
884.1109 MGA
YEARLY AVERAGE
925.2349 MGA

2023 LYD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LYD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 967.0341. Conversely, the yearly low was recorded on February 28, dropping to 884.1109.

This high-to-low spread represents a total annual volatility of 82.9232 MGA. From a start-to-finish perspective, comparing the January average rate of 919.8820 to the December average rate of 953.1648, the exchange rate registered a net change of 3.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 967.0341 was up 4.15% compared to the 2022 peak of 928.4974, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,835,170 MGA
2022 Average 4,297,654 MGA
Yearly Trough Low 4,420,555 MGA
Transaction Impact: A difference of 414,615.83 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

958.8295
890.8520
JanuMarcMayJulySeptNove

LYD 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 913.8229, compared to 936.6468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.8239 points.

H1 Avg (Jan–Jun) 913.8229
H2 Avg (Jul–Dec) 936.6468

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 53.4290 MGA (High: 948.6255 / Low: 895.1965). On the other end, October was the most stable month, with a tight range of 9.1337 MGA (High: 930.5623 / Low: 921.4286).

January Spread (Volatile) ±53.4290
October Spread (Stable) ±9.1337

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 23.3652 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -23.3652

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 953.1648) against the same month in 2022 (average: 913.9462), the exchange rate shifted by +39.2186 (+4.29%).

2023 Avg (December) 953.1648
2022 Avg (December) 913.9462

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 948.6255 895.1965 919.8820
February 902.8768 884.1109 896.5168
March 911.0750 886.8974 896.9632
April 927.0043 905.6485 919.4590
May 929.9262 913.3437 920.4504
June 946.9513 910.2940 929.6661
July 950.4943 934.3116 943.6518
August 942.7140 925.3886 936.1197
September 937.4372 922.6804 929.4878
October 930.5623 921.4286 925.7775
November 946.9019 920.8674 931.6793
December 967.0341 937.3465 953.1648