YEARLY HIGH
0.2124 KPW
YEARLY LOW
0.1949 KPW
YEARLY AVERAGE
0.2023 KPW

2023 MGA to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.2124. Conversely, the yearly low was recorded on December 30, dropping to 0.1949.

This high-to-low spread represents a total annual volatility of 0.0174 KPW. From a start-to-finish perspective, comparing the January average rate of 0.2047 to the December average rate of 0.1964, the exchange rate registered a net change of -4.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2124 was down 6.77% compared to the 2022 peak of 0.2278, 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 1,062 KPW
2022 Average 1,091 KPW
Yearly Trough Low 975 KPW
Transaction Impact: A difference of 87.05 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2107
0.1951
JanuMarcMayJulySeptNove

MGA to KPW 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 0.2057, compared to 0.1990 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.2057
H2 Avg (Jul–Dec) 0.1990

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0133 KPW (High: 0.2113 / Low: 0.1980). On the other end, May was the most stable month, with a tight range of 0.0017 KPW (High: 0.2056 / Low: 0.2039).

January Spread (Volatile) ±0.0133
May Spread (Stable) ±0.0017

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 May and June, when the average rate fell by 0.0034 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2088) against the same month in 2022 (average: 0.2238), the exchange rate shifted by -0.0150 (-6.70%).

2023 Avg (March) 0.2088
2022 Avg (March) 0.2238

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2113 0.1980 0.2047
February 0.2107 0.2083 0.2094
March 0.2124 0.2063 0.2088
April 0.2079 0.2038 0.2056
May 0.2056 0.2039 0.2045
June 0.2048 0.1981 0.2011
July 0.2035 0.1976 0.2000
August 0.2023 0.1985 0.1999
September 0.2011 0.1975 0.1996
October 0.1995 0.1978 0.1988
November 0.2007 0.1982 0.1994
December 0.2000 0.1949 0.1964