2023 MGA to LRD Historical Review

YEARLY HIGH

0.0420 LRD

YEARLY LOW

0.0340 LRD

YEARLY AVERAGE

0.0392 LRD

2023 MGA to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 8, valuing the pair at 0.0420. Conversely, the yearly low was recorded on January 11, dropping to 0.0340.

This high-to-low spread represents a total annual volatility of 0.0080 LRD. From a start-to-finish perspective, comparing the January average rate of 0.0354 to the December average rate of 0.0411, the exchange rate registered a net change of 16.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0420 was up 7.90% compared to the 2022 peak of 0.0389, 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 210 LRD

2022 Average 185 LRD

Yearly Trough Low 170 LRD

Transaction Impact: A difference of 39.91 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0422

0.0347

JanuMarcMayJulySeptNove

MGA to LRD 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 0.0372, compared to 0.0412 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0372

H2 Avg (Jul–Dec) 0.0412

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0028 LRD (High: 0.0368 / Low: 0.0340). On the other end, October was the most stable month, with a tight range of 0.0004 LRD (High: 0.0414 / Low: 0.0410).

January Spread (Volatile) ±0.0028

October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0005 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0414) against the same month in 2022 (average: 0.0368), the exchange rate shifted by +0.0046 (+12.49%).

2023 Avg (August) 0.0414

2022 Avg (August) 0.0368

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0368	0.0340	0.0354
February	0.0371	0.0357	0.0364
March	0.0380	0.0353	0.0370
April	0.0380	0.0370	0.0373
May	0.0383	0.0375	0.0379
June	0.0398	0.0383	0.0390
July	0.0418	0.0397	0.0408
August	0.0420	0.0410	0.0414
September	0.0417	0.0409	0.0413
October	0.0414	0.0410	0.0413
November	0.0418	0.0414	0.0416
December	0.0418	0.0408	0.0411