2023 MGA to GMD Historical Review

YEARLY HIGH

0.0150 GMD

YEARLY LOW

0.0131 GMD

YEARLY AVERAGE

0.0140 GMD

2023 MGA to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 0.0150. Conversely, the yearly low was recorded on July 11, dropping to 0.0131.

This high-to-low spread represents a total annual volatility of 0.0019 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0141 to the December average rate of 0.0147, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0150 was up 3.89% compared to the 2022 peak of 0.0144, 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 75 GMD

2022 Average 67 GMD

Yearly Trough Low 65 GMD

Transaction Impact: A difference of 9.57 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0150

0.0131

JanuMarcMayJulySeptNove

MGA to GMD 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 0.0139, compared to 0.0141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0139

H2 Avg (Jul–Dec) 0.0141

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0010 GMD (High: 0.0144 / Low: 0.0134). On the other end, May was the most stable month, with a tight range of 0.0002 GMD (High: 0.0137 / Low: 0.0135).

September Spread (Volatile) ±0.0010

May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0148) against the same month in 2022 (average: 0.0142), the exchange rate shifted by +0.0006 (+4.35%).

2023 Avg (November) 0.0148

2022 Avg (November) 0.0142

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0146	0.0137	0.0141
February	0.0144	0.0141	0.0142
March	0.0145	0.0140	0.0142
April	0.0144	0.0136	0.0141
May	0.0137	0.0135	0.0136
June	0.0136	0.0131	0.0133
July	0.0135	0.0131	0.0133
August	0.0136	0.0133	0.0135
September	0.0144	0.0134	0.0137
October	0.0146	0.0141	0.0145
November	0.0150	0.0144	0.0148
December	0.0150	0.0146	0.0147