2023 MGA to ARS Historical Review

YEARLY HIGH

0.1763 ARS

YEARLY LOW

0.0395 ARS

YEARLY AVERAGE

0.0660 ARS

2023 MGA to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.1763. Conversely, the yearly low was recorded on January 1, dropping to 0.0395.

This high-to-low spread represents a total annual volatility of 0.1368 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0414 to the December average rate of 0.1378, the exchange rate registered a net change of 232.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1763 was up 344.70% compared to the 2022 peak of 0.0396, 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 881 ARS

2022 Average 158 ARS

Yearly Trough Low 198 ARS

Transaction Impact: A difference of 683.76 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1474

0.0318

JanuMarcMayJulySeptNove

MGA to ARS 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 0.0483, compared to 0.0836 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0352 points.

H1 Avg (Jan–Jun) 0.0483

H2 Avg (Jul–Dec) 0.0836

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0970 ARS (High: 0.1763 / Low: 0.0793). On the other end, October was the most stable month, with a tight range of 0.0006 ARS (High: 0.0776 / Low: 0.0770).

December Spread (Volatile) ±0.0970

October Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0003 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1378) against the same month in 2022 (average: 0.0390), the exchange rate shifted by +0.0988 (+253.60%).

2023 Avg (December) 0.1378

2022 Avg (December) 0.0390

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0437	0.0395	0.0414
February	0.0460	0.0436	0.0446
March	0.0483	0.0458	0.0470
April	0.0509	0.0481	0.0492
May	0.0543	0.0504	0.0524
June	0.0566	0.0545	0.0554
July	0.0613	0.0563	0.0590
August	0.0782	0.0614	0.0714
September	0.0782	0.0768	0.0776
October	0.0776	0.0770	0.0773
November	0.0799	0.0773	0.0782
December	0.1763	0.0793	0.1378