YEARLY HIGH
0.1400 SDG
YEARLY LOW
0.1209 SDG
YEARLY AVERAGE
0.1340 SDG

2023 MGA to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.1400. Conversely, the yearly low was recorded on November 20, dropping to 0.1209.

This high-to-low spread represents a total annual volatility of 0.0192 SDG. From a start-to-finish perspective, comparing the January average rate of 0.1312 to the December average rate of 0.1312, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1400 was down 0.27% compared to the 2022 peak of 0.1404, 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 700 SDG
2022 Average 603 SDG
Yearly Trough Low 604 SDG
Transaction Impact: A difference of 95.88 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1374
0.1306
JanuMarcMayJulySeptNove

MGA to SDG 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 0.1353, compared to 0.1328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.1353
H2 Avg (Jul–Dec) 0.1328

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0128 SDG (High: 0.1337 / Low: 0.1209). On the other end, October was the most stable month, with a tight range of 0.0011 SDG (High: 0.1331 / Low: 0.1320).

November Spread (Volatile) ±0.0128
October Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between January and March, 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 0.0020 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1368) against the same month in 2022 (average: 0.1111), the exchange rate shifted by +0.0257 (+23.13%).

2023 Avg (March) 0.1368
2022 Avg (March) 0.1111

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1366 0.1260 0.1312
February 0.1375 0.1353 0.1362
March 0.1400 0.1304 0.1368
April 0.1383 0.1298 0.1366
May 0.1371 0.1356 0.1363
June 0.1367 0.1324 0.1343
July 0.1360 0.1318 0.1336
August 0.1352 0.1327 0.1336
September 0.1344 0.1320 0.1333
October 0.1331 0.1320 0.1327
November 0.1337 0.1209 0.1326
December 0.1336 0.1302 0.1312