2023 MGA to AMD Historical Review

YEARLY HIGH

0.0946 AMD

YEARLY LOW

0.0846 AMD

YEARLY AVERAGE

0.0882 AMD

2023 MGA to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.0946. Conversely, the yearly low was recorded on July 8, dropping to 0.0846.

This high-to-low spread represents a total annual volatility of 0.0099 AMD. From a start-to-finish perspective, comparing the January average rate of 0.0900 to the December average rate of 0.0883, the exchange rate registered a net change of -1.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0946 was down 26.51% compared to the 2022 peak of 0.1287, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 473 AMD

2022 Average 530 AMD

Yearly Trough Low 423 AMD

Transaction Impact: A difference of 49.73 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0923

0.0851

JanuMarcMayJulySeptNove

MGA to AMD 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 0.0891, compared to 0.0874 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0891

H2 Avg (Jul–Dec) 0.0874

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0075 AMD (High: 0.0946 / Low: 0.0871). On the other end, November was the most stable month, with a tight range of 0.0014 AMD (High: 0.0898 / Low: 0.0884).

October Spread (Volatile) ±0.0075

November Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0016 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0892) against the same month in 2022 (average: 0.0951), the exchange rate shifted by -0.0059 (-6.22%).

2023 Avg (October) 0.0892

2022 Avg (October) 0.0951

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0929	0.0869	0.0900
February	0.0928	0.0904	0.0917
March	0.0908	0.0893	0.0901
April	0.0899	0.0869	0.0887
May	0.0887	0.0873	0.0878
June	0.0879	0.0851	0.0863
July	0.0878	0.0846	0.0861
August	0.0870	0.0852	0.0858
September	0.0877	0.0846	0.0857
October	0.0946	0.0871	0.0892
November	0.0898	0.0884	0.0890
December	0.0895	0.0876	0.0883