2023 PYG to MGA Historical Review

YEARLY HIGH

0.6326 MGA

YEARLY LOW

0.5738 MGA

YEARLY AVERAGE

0.6106 MGA

2023 PYG to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.6326. Conversely, the yearly low was recorded on January 24, dropping to 0.5738.

This high-to-low spread represents a total annual volatility of 0.0588 MGA. From a start-to-finish perspective, comparing the January average rate of 0.5964 to the December average rate of 0.6228, the exchange rate registered a net change of 4.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6326 was up 1.36% compared to the 2022 peak of 0.6240, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PYG based on timing:

Yearly Peak High 3,163 MGA

2022 Average 2,958 MGA

Yearly Trough Low 2,869 MGA

Transaction Impact: A difference of 293.77 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6262

0.5853

JanuMarcMayJulySeptNove

PYG to MGA 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 0.6041, compared to 0.6171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0130 points.

H1 Avg (Jan–Jun) 0.6041

H2 Avg (Jul–Dec) 0.6171

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0458 MGA (High: 0.6196 / Low: 0.5738). On the other end, May was the most stable month, with a tight range of 0.0081 MGA (High: 0.6159 / Low: 0.6078).

January Spread (Volatile) ±0.0458

May Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0077 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.6228) against the same month in 2022 (average: 0.6115), the exchange rate shifted by +0.0113 (+1.84%).

2023 Avg (December) 0.6228

2022 Avg (December) 0.6115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6196	0.5738	0.5964
February	0.5934	0.5837	0.5887
March	0.6077	0.5878	0.5996
April	0.6194	0.6046	0.6115
May	0.6159	0.6078	0.6112
June	0.6264	0.6046	0.6173
July	0.6294	0.6085	0.6197
August	0.6235	0.6125	0.6190
September	0.6239	0.6148	0.6199
October	0.6223	0.6061	0.6143
November	0.6110	0.6019	0.6070
December	0.6326	0.6047	0.6228