2023 SVC to MGA Historical Review

YEARLY HIGH

526.6205 MGA

YEARLY LOW

486.4552 MGA

YEARLY AVERAGE

508.7830 MGA

2023 SVC to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 526.6205. Conversely, the yearly low was recorded on January 26, dropping to 486.4552.

This high-to-low spread represents a total annual volatility of 40.1653 MGA. From a start-to-finish perspective, comparing the January average rate of 502.6959 to the December average rate of 523.1624, the exchange rate registered a net change of 4.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 526.6205 was up 2.87% compared to the 2022 peak of 511.9342, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,633,102 MGA

2022 Average 2,359,733 MGA

Yearly Trough Low 2,432,276 MGA

Transaction Impact: A difference of 200,826.57 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

526.3624

487.9631

JanuMarcMayJulySeptNove

SVC 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 500.4777, compared to 517.0883 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.6106 points.

H1 Avg (Jan–Jun) 500.4777

H2 Avg (Jul–Dec) 517.0883

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 32.7574 MGA (High: 519.2125 / Low: 486.4552). On the other end, October was the most stable month, with a tight range of 4.2582 MGA (High: 519.7376 / Low: 515.4794).

January Spread (Volatile) ±32.7574

October Spread (Stable) ±4.2582

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 11.5328 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -11.5328

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 523.1624) against the same month in 2022 (average: 505.1215), the exchange rate shifted by +18.0409 (+3.57%).

2023 Avg (December) 523.1624

2022 Avg (December) 505.1215

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	519.2125	486.4552	502.6959
February	493.6676	487.5054	491.1631
March	499.1050	490.6670	493.3208
April	504.7315	495.2577	500.8404
May	504.5379	500.2337	503.2569
June	519.1614	502.5561	511.5892
July	523.4439	505.7124	514.9614
August	517.8689	508.3518	514.4920
September	519.7648	511.3098	515.5095
October	519.7376	515.4794	517.8583
November	518.8472	512.6035	516.5462
December	526.6205	514.1398	523.1624