2023 MGA to SRD Historical Review

YEARLY HIGH

0.0087 SRD

YEARLY LOW

0.0070 SRD

YEARLY AVERAGE

0.0082 SRD

2023 MGA to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 0.0087. Conversely, the yearly low was recorded on January 11, dropping to 0.0070.

This high-to-low spread represents a total annual volatility of 0.0017 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0072 to the December average rate of 0.0082, the exchange rate registered a net change of 12.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0087 was up 18.80% compared to the 2022 peak of 0.0073, 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 43 SRD

2022 Average 29 SRD

Yearly Trough Low 35 SRD

Transaction Impact: A difference of 8.66 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0086

0.0071

JanuMarcMayJulySeptNove

MGA to SRD 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 0.0080, compared to 0.0084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0080

H2 Avg (Jul–Dec) 0.0084

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0006 SRD (High: 0.0076 / Low: 0.0070). On the other end, October was the most stable month, with a tight range of 0.0001 SRD (High: 0.0085 / Low: 0.0084).

January Spread (Volatile) ±0.0006

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0084) against the same month in 2022 (average: 0.0055), the exchange rate shifted by +0.0029 (+52.82%).

2023 Avg (July) 0.0084

2022 Avg (July) 0.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0076	0.0070	0.0072
February	0.0079	0.0075	0.0076
March	0.0083	0.0078	0.0080
April	0.0086	0.0082	0.0084
May	0.0086	0.0084	0.0085
June	0.0086	0.0083	0.0084
July	0.0087	0.0081	0.0084
August	0.0086	0.0084	0.0085
September	0.0086	0.0084	0.0085
October	0.0085	0.0084	0.0084
November	0.0085	0.0083	0.0084
December	0.0084	0.0080	0.0082