2023 MDL to MGA Historical Review

YEARLY HIGH

266.3978 MGA

YEARLY LOW

225.4729 MGA

YEARLY AVERAGE

246.0646 MGA

2023 MDL to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 266.3978. Conversely, the yearly low was recorded on January 22, dropping to 225.4729.

This high-to-low spread represents a total annual volatility of 40.9248 MGA. From a start-to-finish perspective, comparing the January average rate of 231.5886 to the December average rate of 260.3038, the exchange rate registered a net change of 12.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 266.3978 was up 13.76% compared to the 2022 peak of 234.1686, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,331,989 MGA

2022 Average 1,094,369 MGA

Yearly Trough Low 1,127,365 MGA

Transaction Impact: A difference of 204,624.12 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

263.4364

225.8449

JanuMarcMayJulySeptNove

MDL 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 238.7877, compared to 253.3415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.5538 points.

H1 Avg (Jan–Jun) 238.7877

H2 Avg (Jul–Dec) 253.3415

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 12.2605 MGA (High: 237.7334 / Low: 225.4729). On the other end, October was the most stable month, with a tight range of 2.6875 MGA (High: 251.0209 / Low: 248.3334).

January Spread (Volatile) ±12.2605

October Spread (Stable) ±2.6875

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 3.7393 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -3.7393

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 260.3038) against the same month in 2022 (average: 228.7806), the exchange rate shifted by +31.5232 (+13.78%).

2023 Avg (December) 260.3038

2022 Avg (December) 228.7806

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	237.7334	225.4729	231.5886
February	230.8397	227.0068	228.9775
March	236.5354	227.4685	231.6612
April	246.2012	236.5354	242.7131
May	249.4497	245.3064	247.7372
June	253.2612	247.5408	250.0487
July	258.0979	247.4595	251.5263
August	257.1601	252.1576	254.6401
September	254.0316	248.2188	250.9008
October	251.0209	248.3334	249.7326
November	256.9715	249.7500	252.9453
December	266.3978	254.8113	260.3038