2023 SBD to MGA Historical Review

YEARLY HIGH

548.8591 MGA

YEARLY LOW

516.4278 MGA

YEARLY AVERAGE

533.1707 MGA

2023 SBD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 548.8591. Conversely, the yearly low was recorded on January 25, dropping to 516.4278.

This high-to-low spread represents a total annual volatility of 32.4313 MGA. From a start-to-finish perspective, comparing the January average rate of 532.2084 to the December average rate of 541.8266, the exchange rate registered a net change of 1.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 548.8591 was up 1.33% compared to the 2022 peak of 541.6613, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,744,296 MGA

2022 Average 2,536,901 MGA

Yearly Trough Low 2,582,139 MGA

Transaction Impact: A difference of 162,156.61 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

543.8063

520.0497

JanuMarcMayJulySeptNove

SBD 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 528.5710, compared to 537.7703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.1994 points.

H1 Avg (Jan–Jun) 528.5710

H2 Avg (Jul–Dec) 537.7703

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 32.4313 MGA (High: 548.8591 / Low: 516.4278). On the other end, May was the most stable month, with a tight range of 5.6419 MGA (High: 531.3435 / Low: 525.7016).

January Spread (Volatile) ±32.4313

May Spread (Stable) ±5.6419

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 10.1790 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -10.1790

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 532.2084) against the same month in 2022 (average: 492.8384), the exchange rate shifted by +39.3700 (+7.99%).

2023 Avg (January) 532.2084

2022 Avg (January) 492.8384

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	548.8591	516.4278	532.2084
February	526.1560	517.5407	522.0294
March	529.9687	516.8465	523.7343
April	531.8264	522.3563	527.9187
May	531.3435	525.7016	528.6058
June	545.2101	527.4105	536.9292
July	544.2296	527.9639	537.9832
August	541.6020	531.5418	537.9146
September	543.6440	530.0629	536.8886
October	542.7931	533.0825	536.9212
November	539.8536	529.8535	535.0878
December	547.8146	530.5119	541.8266