2023 MGA to RUB Historical Review

YEARLY HIGH

0.0223 RUB

YEARLY LOW

0.0147 RUB

YEARLY AVERAGE

0.0192 RUB

2023 MGA to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.0223. Conversely, the yearly low was recorded on January 15, dropping to 0.0147.

This high-to-low spread represents a total annual volatility of 0.0076 RUB. From a start-to-finish perspective, comparing the January average rate of 0.0159 to the December average rate of 0.0199, the exchange rate registered a net change of 24.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0223 was down 37.57% compared to the 2022 peak of 0.0358, 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 112 RUB

2022 Average 85 RUB

Yearly Trough Low 73 RUB

Transaction Impact: A difference of 38.23 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0220

0.0154

JanuMarcMayJulySeptNove

MGA to RUB 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 0.0176, compared to 0.0207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0176

H2 Avg (Jul–Dec) 0.0207

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0019 RUB (High: 0.0166 / Low: 0.0147). On the other end, September was the most stable month, with a tight range of 0.0008 RUB (High: 0.0219 / Low: 0.0211).

January Spread (Volatile) ±0.0019

September Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between May and September, 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 October and November, when the average rate fell by 0.0014 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0214) against the same month in 2022 (average: 0.0146), the exchange rate shifted by +0.0069 (+46.98%).

2023 Avg (October) 0.0214

2022 Avg (October) 0.0146

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0166	0.0147	0.0159
February	0.0177	0.0163	0.0171
March	0.0182	0.0173	0.0177
April	0.0188	0.0179	0.0185
May	0.0184	0.0173	0.0180
June	0.0196	0.0179	0.0186
July	0.0207	0.0194	0.0201
August	0.0222	0.0206	0.0213
September	0.0219	0.0211	0.0215
October	0.0223	0.0205	0.0214
November	0.0206	0.0194	0.0201
December	0.0203	0.0193	0.0199