2023 MGA to UAH Historical Review

YEARLY HIGH

0.0087 UAH

YEARLY LOW

0.0079 UAH

YEARLY AVERAGE

0.0083 UAH

2023 MGA to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0087. Conversely, the yearly low was recorded on November 23, dropping to 0.0079.

This high-to-low spread represents a total annual volatility of 0.0007 UAH. From a start-to-finish perspective, comparing the January average rate of 0.0084 to the December average rate of 0.0081, the exchange rate registered a net change of -2.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0087 was down 3.50% compared to the 2022 peak of 0.0090, 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 UAH

2022 Average 39 UAH

Yearly Trough Low 40 UAH

Transaction Impact: A difference of 3.63 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0086

0.0079

JanuMarcMayJulySeptNove

MGA to UAH 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 0.0084, compared to 0.0081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0084

H2 Avg (Jul–Dec) 0.0081

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0006 UAH (High: 0.0087 / Low: 0.0081). On the other end, May was the most stable month, with a tight range of 0.0001 UAH (High: 0.0084 / Low: 0.0083).

January Spread (Volatile) ±0.0006

May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0086) against the same month in 2022 (average: 0.0072), the exchange rate shifted by +0.0014 (+19.52%).

2023 Avg (February) 0.0086

2022 Avg (February) 0.0072

Monthly Breakdown

Statistical summary for each calendar month.

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