YEARLY HIGH
5.3853 STD
YEARLY LOW
4.8263 STD
YEARLY AVERAGE
5.0804 STD

2023 MGA to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 5.3853. Conversely, the yearly low was recorded on December 30, dropping to 4.8263.

This high-to-low spread represents a total annual volatility of 0.5589 STD. From a start-to-finish perspective, comparing the January average rate of 5.1922 to the December average rate of 4.8626, the exchange rate registered a net change of -6.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 5.3853 was down 7.05% compared to the 2022 peak of 5.7940, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 26,926 STD
2022 Average 26,854 STD
Yearly Trough Low 24,132 STD
Transaction Impact: A difference of 2,794.67 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5.3550
4.8178
JanuMarcMayJulySeptNove

MGA to STD 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 5.2163, compared to 4.9444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2719 points.

H1 Avg (Jan–Jun) 5.2163
H2 Avg (Jul–Dec) 4.9444

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.3374 STD (High: 5.3585 / Low: 5.0211). On the other end, May was the most stable month, with a tight range of 0.0424 STD (High: 5.2144 / Low: 5.1720).

January Spread (Volatile) ±0.3374
May Spread (Stable) ±0.0424

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1063 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 5.2957) against the same month in 2022 (average: 5.3229), the exchange rate shifted by -0.0272 (-0.51%).

2023 Avg (March) 5.2957
2022 Avg (March) 5.3229

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.3585 5.0211 5.1922
February 5.3446 5.2829 5.3103
March 5.3853 5.2326 5.2957
April 5.2723 5.1683 5.2139
May 5.2144 5.1720 5.1856
June 5.1925 5.0243 5.1002
July 5.1612 4.9578 5.0562
August 5.0090 4.9155 4.9498
September 4.9792 4.8889 4.9410
October 4.9401 4.8965 4.9210
November 4.9682 4.9060 4.9359
December 4.9515 4.8263 4.8626