2023 VUV to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 VUV to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the VUV to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 38.8867. Conversely, the yearly low was recorded on March 18, dropping to 35.9038.
This high-to-low spread represents a total annual volatility of 2.9830 MGA. From a start-to-finish perspective, comparing the January average rate of 37.2631 to the December average rate of 38.5980, the exchange rate registered a net change of 3.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 38.8867 was up 2.46% compared to the 2022 peak of 37.9520, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 VUV based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
VUV to MGA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 36.9303, compared to 38.0834 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1531 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 2.4248 MGA (High: 38.5076 / Low: 36.0828). On the other end, May was the most stable month, with a tight range of 0.3015 MGA (High: 37.0906 / Low: 36.7890).
Growth Streaks & Declines
TrendsBetween February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.8518 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 38.5980) against the same month in 2022 (average: 37.4113), the exchange rate shifted by +1.1867 (+3.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 38.5076 | 36.0828 | 37.2631 |
| February | 36.5993 | 36.1773 | 36.4113 |
| March | 36.9510 | 35.9038 | 36.5030 |
| April | 37.1170 | 36.3846 | 36.7938 |
| May | 37.0906 | 36.7890 | 36.9936 |
| June | 38.1808 | 36.9437 | 37.6169 |
| July | 38.2802 | 37.1678 | 37.8366 |
| August | 38.1812 | 37.4687 | 37.9175 |
| September | 38.3894 | 37.6931 | 37.9852 |
| October | 38.3293 | 37.9912 | 38.1390 |
| November | 38.2556 | 37.7762 | 38.0240 |
| December | 38.8867 | 37.9037 | 38.5980 |