2023 SCR to MGA Historical Review

YEARLY HIGH

355.5598 MGA

YEARLY LOW

301.2008 MGA

YEARLY AVERAGE

331.3163 MGA

2023 SCR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 355.5598. Conversely, the yearly low was recorded on January 26, dropping to 301.2008.

This high-to-low spread represents a total annual volatility of 54.3590 MGA. From a start-to-finish perspective, comparing the January average rate of 325.1289 to the December average rate of 341.1879, the exchange rate registered a net change of 4.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 355.5598 was up 2.98% compared to the 2022 peak of 345.2771, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,777,799 MGA

2022 Average 1,525,683 MGA

Yearly Trough Low 1,506,004 MGA

Transaction Impact: A difference of 271,794.97 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

345.8529

314.7541

JanuMarcMayJulySeptNove

SCR 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 323.3245, compared to 339.3080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.9834 points.

H1 Avg (Jan–Jun) 323.3245

H2 Avg (Jul–Dec) 339.3080

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 46.9766 MGA (High: 348.1774 / Low: 301.2008). On the other end, August was the most stable month, with a tight range of 13.6969 MGA (High: 342.6826 / Low: 328.9857).

January Spread (Volatile) ±46.9766

August Spread (Stable) ±13.6969

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 7.7831 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -7.7831

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 341.1879) against the same month in 2022 (average: 330.8786), the exchange rate shifted by +10.3093 (+3.12%).

2023 Avg (December) 341.1879

2022 Avg (December) 330.8786

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	348.1774	301.2008	325.1289
February	329.9541	303.3942	317.3457
March	332.0742	306.3565	320.3874
April	340.3818	309.7609	324.1879
May	335.5913	312.6290	326.1626
June	346.0526	313.6560	326.7348
July	348.1385	315.1084	336.8792
August	342.6826	328.9857	336.6503
September	352.9239	331.0637	343.2614
October	355.4596	329.2774	339.8769
November	348.3125	327.8465	337.9921
December	355.5598	327.9900	341.1879