2023 RUB to MGA Historical Review

YEARLY HIGH

68.0858 MGA

YEARLY LOW

44.7774 MGA

YEARLY AVERAGE

52.6133 MGA

2023 RUB to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 68.0858. Conversely, the yearly low was recorded on October 7, dropping to 44.7774.

This high-to-low spread represents a total annual volatility of 23.3084 MGA. From a start-to-finish perspective, comparing the January average rate of 62.8942 to the December average rate of 50.3313, the exchange rate registered a net change of -19.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 68.0858 was down 12.23% compared to the 2022 peak of 77.5735, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 340,429 MGA

2022 Average 307,072 MGA

Yearly Trough Low 223,887 MGA

Transaction Impact: A difference of 116,541.89 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

64.5212

44.9968

JanuMarcMayJulySeptNove

RUB 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 56.8667, compared to 48.3599 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.5068 points.

H1 Avg (Jan–Jun) 56.8667

H2 Avg (Jul–Dec) 48.3599

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 7.7862 MGA (High: 68.0858 / Low: 60.2995). On the other end, September was the most stable month, with a tight range of 1.8200 MGA (High: 47.4934 / Low: 45.6734).

January Spread (Volatile) ±7.7862

September Spread (Stable) ±1.8200

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 4.4000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.4000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 62.8942) against the same month in 2022 (average: 51.9960), the exchange rate shifted by +10.8982 (+20.96%).

2023 Avg (January) 62.8942

2022 Avg (January) 51.9960

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	68.0858	60.2995	62.8942
February	61.3121	56.5349	58.4942
March	57.8550	55.0546	56.4585
April	55.8393	53.3035	54.0552
May	57.8558	54.2804	55.6188
June	55.9132	50.9986	53.6792
July	51.4787	48.3923	49.6748
August	48.6209	45.0702	46.9912
September	47.4934	45.6734	46.6239
October	48.7012	44.7774	46.6849
November	51.4503	48.4774	49.8535
December	51.8225	49.3286	50.3313