2023 MGA to BRL Historical Review

YEARLY HIGH

0.0012 BRL

YEARLY LOW

0.0011 BRL

YEARLY AVERAGE

0.0011 BRL

2023 MGA to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0012. Conversely, the yearly low was recorded on December 26, dropping to 0.0011.

This high-to-low spread represents a total annual volatility of 0.0002 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0012 to the December average rate of 0.0011, the exchange rate registered a net change of -9.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0012 was down 13.36% compared to the 2022 peak of 0.0014, 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 6 BRL

2022 Average 6 BRL

Yearly Trough Low 5 BRL

Transaction Impact: A difference of 0.98 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0012

0.0011

JanuMarcMayJulySeptNove

MGA to BRL 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 0.0012, compared to 0.0011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0012

H2 Avg (Jul–Dec) 0.0011

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0001 BRL (High: 0.0012 / Low: 0.0011). On the other end, November was the most stable month, with a tight range of 0.0000 BRL (High: 0.0011 / Low: 0.0011).

January Spread (Volatile) ±0.0001

November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0012) against the same month in 2022 (average: 0.0012), the exchange rate shifted by -0.0000 (-2.22%).

2023 Avg (March) 0.0012

2022 Avg (March) 0.0012

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0012	0.0011	0.0012
February	0.0012	0.0012	0.0012
March	0.0012	0.0012	0.0012
April	0.0012	0.0011	0.0011
May	0.0011	0.0011	0.0011
June	0.0011	0.0011	0.0011
July	0.0011	0.0011	0.0011
August	0.0011	0.0011	0.0011
September	0.0011	0.0011	0.0011
October	0.0011	0.0011	0.0011
November	0.0011	0.0011	0.0011
December	0.0011	0.0011	0.0011