2023 RSD to MGA Historical Review

YEARLY HIGH

43.4810 MGA

YEARLY LOW

38.6289 MGA

YEARLY AVERAGE

41.0562 MGA

2023 RSD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 43.4810. Conversely, the yearly low was recorded on February 24, dropping to 38.6289.

This high-to-low spread represents a total annual volatility of 4.8521 MGA. From a start-to-finish perspective, comparing the January average rate of 40.4208 to the December average rate of 42.6969, the exchange rate registered a net change of 5.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 43.4810 was up 6.22% compared to the 2022 peak of 40.9351, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 217,405 MGA

2022 Average 185,088 MGA

Yearly Trough Low 193,144 MGA

Transaction Impact: A difference of 24,260.51 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

43.0462

38.8549

JanuMarcMayJulySeptNove

RSD 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 40.3557, compared to 41.7567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4009 points.

H1 Avg (Jan–Jun) 40.3557

H2 Avg (Jul–Dec) 41.7567

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2.3579 MGA (High: 41.8429 / Low: 39.4849). On the other end, October was the most stable month, with a tight range of 0.7493 MGA (High: 41.1907 / Low: 40.4414).

January Spread (Volatile) ±2.3579

October Spread (Stable) ±0.7493

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 1.2166 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.2166

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 42.6969) against the same month in 2022 (average: 39.9138), the exchange rate shifted by +2.7831 (+6.97%).

2023 Avg (December) 42.6969

2022 Avg (December) 39.9138

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41.8429	39.4849	40.4208
February	40.2187	38.6289	39.2042
March	40.3334	38.7514	39.3715
April	41.5424	40.0056	40.9512
May	41.6014	40.2164	40.7864
June	42.3827	40.2599	41.4001
July	43.3320	41.7469	42.4525
August	42.3771	41.4302	41.8771
September	41.5365	40.6709	41.0527
October	41.1907	40.4414	40.7977
November	42.4728	40.8377	41.6630
December	43.4810	41.7651	42.6969