2023 MGA to DJF Historical Review

YEARLY HIGH

0.0418 DJF

YEARLY LOW

0.0385 DJF

YEARLY AVERAGE

0.0400 DJF

2023 MGA to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 0.0418. Conversely, the yearly low was recorded on December 25, dropping to 0.0385.

This high-to-low spread represents a total annual volatility of 0.0032 DJF. From a start-to-finish perspective, comparing the January average rate of 0.0404 to the December average rate of 0.0389, the exchange rate registered a net change of -3.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0418 was down 7.25% compared to the 2022 peak of 0.0450, 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 209 DJF

2022 Average 216 DJF

Yearly Trough Low 193 DJF

Transaction Impact: A difference of 16.19 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0417

0.0386

JanuMarcMayJulySeptNove

MGA to DJF 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 0.0406, compared to 0.0393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0406

H2 Avg (Jul–Dec) 0.0393

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0027 DJF (High: 0.0418 / Low: 0.0391). On the other end, May was the most stable month, with a tight range of 0.0004 DJF (High: 0.0407 / Low: 0.0403).

January Spread (Volatile) ±0.0027

May Spread (Stable) ±0.0004

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 March and April, when the average rate fell by 0.0006 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0404) against the same month in 2022 (average: 0.0447), the exchange rate shifted by -0.0043 (-9.52%).

2023 Avg (January) 0.0404

2022 Avg (January) 0.0447

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0418	0.0391	0.0404
February	0.0417	0.0409	0.0414
March	0.0415	0.0408	0.0412
April	0.0411	0.0398	0.0406
May	0.0407	0.0403	0.0404
June	0.0405	0.0391	0.0398
July	0.0402	0.0389	0.0395
August	0.0400	0.0393	0.0395
September	0.0399	0.0392	0.0395
October	0.0395	0.0391	0.0393
November	0.0396	0.0391	0.0394
December	0.0394	0.0385	0.0389