2023 MGA to CDF Historical Review

YEARLY HIGH

0.6105 CDF

YEARLY LOW

0.4497 CDF

YEARLY AVERAGE

0.5241 CDF

2023 MGA to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.6105. Conversely, the yearly low was recorded on January 11, dropping to 0.4497.

This high-to-low spread represents a total annual volatility of 0.1608 CDF. From a start-to-finish perspective, comparing the January average rate of 0.4661 to the December average rate of 0.5941, the exchange rate registered a net change of 27.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6105 was up 19.88% compared to the 2022 peak of 0.5093, 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 3,053 CDF

2022 Average 2,447 CDF

Yearly Trough Low 2,248 CDF

Transaction Impact: A difference of 804.24 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6069

0.4533

JanuMarcMayJulySeptNove

MGA to CDF 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 0.4876, compared to 0.5605 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0729 points.

H1 Avg (Jan–Jun) 0.4876

H2 Avg (Jul–Dec) 0.5605

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0664 CDF (High: 0.5295 / Low: 0.4630). On the other end, February was the most stable month, with a tight range of 0.0109 CDF (High: 0.4853 / Low: 0.4744).

May Spread (Volatile) ±0.0664

February Spread (Stable) ±0.0109

Growth Streaks & Declines

Trends

Between April and December, 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 March and April, when the average rate fell by 0.0044 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.5941) against the same month in 2022 (average: 0.4627), the exchange rate shifted by +0.1314 (+28.40%).

2023 Avg (December) 0.5941

2022 Avg (December) 0.4627

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4856	0.4497	0.4661
February	0.4853	0.4744	0.4799
March	0.4851	0.4726	0.4798
April	0.4983	0.4642	0.4754
May	0.5295	0.4630	0.4972
June	0.5356	0.5211	0.5274
July	0.5696	0.5320	0.5487
August	0.5580	0.5410	0.5501
September	0.5593	0.5444	0.5508
October	0.5741	0.5460	0.5562
November	0.5997	0.5450	0.5634
December	0.6105	0.5819	0.5941