YEARLY HIGH
678.9072 MGA
YEARLY LOW
626.2482 MGA
YEARLY AVERAGE
655.8403 MGA

2023 TTD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TTD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 678.9072. Conversely, the yearly low was recorded on January 25, dropping to 626.2482.

This high-to-low spread represents a total annual volatility of 52.6590 MGA. From a start-to-finish perspective, comparing the January average rate of 647.8199 to the December average rate of 674.0502, the exchange rate registered a net change of 4.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 678.9072 was up 2.99% compared to the 2022 peak of 659.2088, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,394,536 MGA
2022 Average 3,041,584 MGA
Yearly Trough Low 3,131,241 MGA
Transaction Impact: A difference of 263,295.18 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

678.1626
628.8135
JanuMarcMayJulySeptNove

TTD 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 645.0981, compared to 666.5825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.4843 points.

H1 Avg (Jan–Jun) 645.0981
H2 Avg (Jul–Dec) 666.5825

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 43.0921 MGA (High: 669.3403 / Low: 626.2482). On the other end, May was the most stable month, with a tight range of 3.2239 MGA (High: 650.2189 / Low: 646.9950).

January Spread (Volatile) ±43.0921
May Spread (Stable) ±3.2239

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 14.8939 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -14.8939

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 674.0502) against the same month in 2022 (average: 651.1939), the exchange rate shifted by +22.8563 (+3.51%).

2023 Avg (December) 674.0502
2022 Avg (December) 651.1939

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 669.3403 626.2482 647.8199
February 636.1807 628.4817 632.9260
March 642.1396 632.8092 635.7825
April 650.2631 638.5859 645.5668
May 650.2189 646.9950 648.7060
June 668.8898 647.9841 659.7876
July 674.8250 651.6263 663.8311
August 667.5715 655.7239 663.4033
September 670.1357 659.0479 664.9456
October 671.2762 664.0293 667.5567
November 669.2164 660.3000 665.7081
December 678.9072 663.0971 674.0502