2023 HTG to MGA Historical Review

YEARLY HIGH

34.9459 MGA

YEARLY LOW

27.7744 MGA

YEARLY AVERAGE

31.5502 MGA

2023 HTG to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 34.9459. Conversely, the yearly low was recorded on March 26, dropping to 27.7744.

This high-to-low spread represents a total annual volatility of 7.1716 MGA. From a start-to-finish perspective, comparing the January average rate of 29.6344 to the December average rate of 34.6557, the exchange rate registered a net change of 16.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 34.9459 was down 12.66% compared to the 2022 peak of 40.0133, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 174,730 MGA

2022 Average 177,201 MGA

Yearly Trough Low 138,872 MGA

Transaction Impact: A difference of 35,857.80 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

35.3146

27.4071

JanuMarcMayJulySeptNove

HTG 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 29.4974, compared to 33.6031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.1056 points.

H1 Avg (Jan–Jun) 29.4974

H2 Avg (Jul–Dec) 33.6031

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 3.1375 MGA (High: 31.5343 / Low: 28.3968). On the other end, February was the most stable month, with a tight range of 0.4681 MGA (High: 28.8373 / Low: 28.3693).

May Spread (Volatile) ±3.1375

February Spread (Stable) ±0.4681

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.0152 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -1.0152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 34.6557) against the same month in 2022 (average: 30.5432), the exchange rate shifted by +4.1125 (+13.46%).

2023 Avg (December) 34.6557

2022 Avg (December) 30.5432

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.6972	28.5988	29.6344
February	28.8373	28.3693	28.6192
March	28.5949	27.7744	28.0660
April	28.6713	27.8682	28.2343
May	31.5343	28.3968	30.2937
June	32.7996	31.3480	32.1369
July	33.1911	32.1811	32.6826
August	33.4335	32.5850	33.0737
September	33.6725	32.8084	33.3368
October	34.1162	33.4672	33.7999
November	34.2887	33.7955	34.0698
December	34.9459	33.9896	34.6557

2023 HTG నుండి MGA చారిత్రక సమీక్ష