2023 MGA to SEK Historical Review

YEARLY HIGH

0.0025 SEK

YEARLY LOW

0.0022 SEK

YEARLY AVERAGE

0.0024 SEK

2023 MGA to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0025. Conversely, the yearly low was recorded on December 25, dropping to 0.0022.

This high-to-low spread represents a total annual volatility of 0.0003 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0024 to the December average rate of 0.0022, the exchange rate registered a net change of -5.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0025 was down 7.79% compared to the 2022 peak of 0.0027, 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 13 SEK

2022 Average 12 SEK

Yearly Trough Low 11 SEK

Transaction Impact: A difference of 1.72 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0025

0.0022

JanuMarcMayJulySeptNove

MGA to SEK 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 0.0024, compared to 0.0024 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) 0.0024

H2 Avg (Jul–Dec) 0.0024

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0002 SEK (High: 0.0025 / Low: 0.0023). On the other end, February was the most stable month, with a tight range of 0.0001 SEK (High: 0.0025 / Low: 0.0024).

November Spread (Volatile) ±0.0002

February Spread (Stable) ±0.0001

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 November and December, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0024) against the same month in 2022 (average: 0.0024), the exchange rate shifted by +0.0001 (+2.35%).

2023 Avg (March) 0.0024

2022 Avg (March) 0.0024

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0024	0.0023	0.0024
February	0.0025	0.0024	0.0024
March	0.0025	0.0024	0.0024
April	0.0024	0.0023	0.0024
May	0.0025	0.0023	0.0024
June	0.0025	0.0024	0.0024
July	0.0024	0.0023	0.0023
August	0.0025	0.0023	0.0024
September	0.0025	0.0024	0.0025
October	0.0025	0.0024	0.0024
November	0.0025	0.0023	0.0024
December	0.0023	0.0022	0.0022