2023 MGA to YER Historical Review

YEARLY HIGH

0.0591 YER

YEARLY LOW

0.0541 YER

YEARLY AVERAGE

0.0563 YER

2023 MGA to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0591. Conversely, the yearly low was recorded on December 25, dropping to 0.0541.

This high-to-low spread represents a total annual volatility of 0.0049 YER. From a start-to-finish perspective, comparing the January average rate of 0.0569 to the December average rate of 0.0546, the exchange rate registered a net change of -4.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0591 was down 6.75% compared to the 2022 peak of 0.0633, 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 295 YER

2022 Average 303 YER

Yearly Trough Low 271 YER

Transaction Impact: A difference of 24.68 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0586

0.0542

JanuMarcMayJulySeptNove

MGA to YER 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 0.0572, compared to 0.0553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0572

H2 Avg (Jul–Dec) 0.0553

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0037 YER (High: 0.0588 / Low: 0.0551). On the other end, May was the most stable month, with a tight range of 0.0005 YER (High: 0.0572 / Low: 0.0567).

January Spread (Volatile) ±0.0037

May Spread (Stable) ±0.0005

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 May and June, when the average rate fell by 0.0009 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0581) against the same month in 2022 (average: 0.0622), the exchange rate shifted by -0.0042 (-6.68%).

2023 Avg (March) 0.0581

2022 Avg (March) 0.0622

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0588	0.0551	0.0569
February	0.0586	0.0579	0.0582
March	0.0591	0.0574	0.0581
April	0.0578	0.0567	0.0572
May	0.0572	0.0567	0.0569
June	0.0570	0.0551	0.0559
July	0.0566	0.0550	0.0556
August	0.0563	0.0552	0.0556
September	0.0560	0.0549	0.0555
October	0.0555	0.0550	0.0553
November	0.0558	0.0551	0.0555
December	0.0556	0.0541	0.0546