YEARLY HIGH
0.1089 KMF
YEARLY LOW
0.0964 KMF
YEARLY AVERAGE
0.1024 KMF

2023 MGA to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.1089. Conversely, the yearly low was recorded on December 30, dropping to 0.0964.

This high-to-low spread represents a total annual volatility of 0.0125 KMF. From a start-to-finish perspective, comparing the January average rate of 0.1040 to the December average rate of 0.0985, the exchange rate registered a net change of -5.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1089 was down 11.15% compared to the 2022 peak of 0.1226, 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 545 KMF
2022 Average 566 KMF
Yearly Trough Low 482 KMF
Transaction Impact: A difference of 62.63 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1079
0.0976
JanuMarcMayJulySeptNove

MGA to KMF 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 0.1042, compared to 0.1007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.1042
H2 Avg (Jul–Dec) 0.1007

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0057 KMF (High: 0.1065 / Low: 0.1008). On the other end, October was the most stable month, with a tight range of 0.0018 KMF (High: 0.1038 / Low: 0.1020).

January Spread (Volatile) ±0.0057
October Spread (Stable) ±0.0018

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 0.0043 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1069) against the same month in 2022 (average: 0.1113), the exchange rate shifted by -0.0044 (-3.95%).

2023 Avg (March) 0.1069
2022 Avg (March) 0.1113

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1065 0.1008 0.1040
February 0.1086 0.1047 0.1071
March 0.1089 0.1039 0.1069
April 0.1045 0.1012 0.1026
May 0.1045 0.1012 0.1030
June 0.1050 0.0993 0.1016
July 0.1002 0.0973 0.0990
August 0.1013 0.0992 0.1003
September 0.1034 0.1007 0.1022
October 0.1038 0.1020 0.1030
November 0.1035 0.0987 0.1011
December 0.1002 0.0964 0.0985