YEARLY HIGH
0.0044 MDL
YEARLY LOW
0.0038 MDL
YEARLY AVERAGE
0.0041 MDL

2023 MGA to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0044. Conversely, the yearly low was recorded on December 29, dropping to 0.0038.

This high-to-low spread represents a total annual volatility of 0.0007 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0043 to the December average rate of 0.0038, the exchange rate registered a net change of -11.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0044 was down 7.27% compared to the 2022 peak of 0.0048, 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 22 MDL
2022 Average 23 MDL
Yearly Trough Low 19 MDL
Transaction Impact: A difference of 3.41 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0044
0.0038
JanuMarcMayJulySeptNove

MGA to MDL 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 0.0042, compared to 0.0039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0042
H2 Avg (Jul–Dec) 0.0039

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0002 MDL (High: 0.0044 / Low: 0.0042). On the other end, October was the most stable month, with a tight range of 0.0000 MDL (High: 0.0040 / Low: 0.0040).

January Spread (Volatile) ±0.0002
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0043) against the same month in 2022 (average: 0.0045), the exchange rate shifted by -0.0002 (-4.07%).

2023 Avg (January) 0.0043
2022 Avg (January) 0.0045

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0044 0.0042 0.0043
February 0.0044 0.0043 0.0044
March 0.0044 0.0042 0.0043
April 0.0042 0.0041 0.0041
May 0.0041 0.0040 0.0040
June 0.0040 0.0039 0.0040
July 0.0040 0.0039 0.0040
August 0.0040 0.0039 0.0039
September 0.0040 0.0039 0.0040
October 0.0040 0.0040 0.0040
November 0.0040 0.0039 0.0040
December 0.0039 0.0038 0.0038