YEARLY HIGH
0.0019 SBD
YEARLY LOW
0.0018 SBD
YEARLY AVERAGE
0.0019 SBD

2023 MGA to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.0019. Conversely, the yearly low was recorded on January 11, dropping to 0.0018.

This high-to-low spread represents a total annual volatility of 0.0001 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0019 to the December average rate of 0.0018, the exchange rate registered a net change of -1.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0019 was down 5.31% compared to the 2022 peak of 0.0020, 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 10 SBD
2022 Average 10 SBD
Yearly Trough Low 9 SBD
Transaction Impact: A difference of 0.57 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0019
0.0018
JanuMarcMayJulySeptNove

MGA to SBD 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 0.0019, compared to 0.0019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0019
H2 Avg (Jul–Dec) 0.0019

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0001 SBD (High: 0.0019 / Low: 0.0018). On the other end, May was the most stable month, with a tight range of 0.0000 SBD (High: 0.0019 / Low: 0.0019).

January Spread (Volatile) ±0.0001
May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and September, 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 May and June, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0019) against the same month in 2022 (average: 0.0020), the exchange rate shifted by -0.0001 (-7.35%).

2023 Avg (January) 0.0019
2022 Avg (January) 0.0020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0019 0.0018 0.0019
February 0.0019 0.0019 0.0019
March 0.0019 0.0019 0.0019
April 0.0019 0.0019 0.0019
May 0.0019 0.0019 0.0019
June 0.0019 0.0018 0.0019
July 0.0019 0.0018 0.0019
August 0.0019 0.0018 0.0019
September 0.0019 0.0018 0.0019
October 0.0019 0.0018 0.0019
November 0.0019 0.0019 0.0019
December 0.0019 0.0018 0.0018