2023 TJS to MGA Historical Review

YEARLY HIGH

446.0969 MGA

YEARLY LOW

393.0601 MGA

YEARLY AVERAGE

412.0300 MGA

2023 TJS to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 446.0969. Conversely, the yearly low was recorded on March 21, dropping to 393.0601.

This high-to-low spread represents a total annual volatility of 53.0368 MGA. From a start-to-finish perspective, comparing the January average rate of 429.9301 to the December average rate of 418.9007, the exchange rate registered a net change of -2.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 446.0969 was up 1.53% compared to the 2022 peak of 439.3872, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,230,485 MGA

2022 Average 1,901,598 MGA

Yearly Trough Low 1,965,301 MGA

Transaction Impact: A difference of 265,184.09 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

432.7882

398.4908

JanuMarcMayJulySeptNove

TJS 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 411.1567, compared to 412.9032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7465 points.

H1 Avg (Jan–Jun) 411.1567

H2 Avg (Jul–Dec) 412.9032

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 38.8582 MGA (High: 431.9183 / Low: 393.0601). On the other end, May was the most stable month, with a tight range of 3.5274 MGA (High: 404.3562 / Low: 400.8288).

March Spread (Volatile) ±38.8582

May Spread (Stable) ±3.5274

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 16.1216 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -16.1216

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 429.9301) against the same month in 2022 (average: 352.4186), the exchange rate shifted by +77.5114 (+21.99%).

2023 Avg (January) 429.9301

2022 Avg (January) 352.4186

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	446.0969	414.6518	429.9301
February	429.3870	399.3308	413.8085
March	431.9183	393.0601	408.9376
April	404.7131	396.5355	401.3489
May	404.3562	400.8288	403.1159
June	415.9275	402.4985	409.7992
July	418.6475	404.5772	411.8942
August	412.4109	404.8974	410.1734
September	414.0083	407.2747	410.6640
October	414.3126	410.5904	412.8360
November	415.9680	408.6666	412.9509
December	422.5738	411.4099	418.9007