2023 XDR to MGA Historical Review

YEARLY HIGH

6184.4267 MGA

YEARLY LOW

5685.5531 MGA

YEARLY AVERAGE

5938.6278 MGA

2023 XDR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 6184.4267. Conversely, the yearly low was recorded on February 28, dropping to 5685.5531.

This high-to-low spread represents a total annual volatility of 498.8736 MGA. From a start-to-finish perspective, comparing the January average rate of 5908.8428 to the December average rate of 6111.3749, the exchange rate registered a net change of 3.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6184.4267 was up 2.83% compared to the 2022 peak of 6014.2658, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 30,922,133 MGA

2022 Average 28,304,264 MGA

Yearly Trough Low 28,427,765 MGA

Transaction Impact: A difference of 2,494,367.98 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6147.4086

5715.0046

JanuMarcMayJulySeptNove

XDR 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 5869.5659, compared to 6007.6896 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 138.1238 points.

H1 Avg (Jan–Jun) 5869.5659

H2 Avg (Jul–Dec) 6007.6896

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 348.9536 MGA (High: 6093.9737 / Low: 5745.0201). On the other end, October was the most stable month, with a tight range of 69.0727 MGA (High: 5980.1840 / Low: 5911.1114).

January Spread (Volatile) ±348.9536

October Spread (Stable) ±69.0727

Growth Streaks & Declines

Trends

Between March and July, 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 152.1293 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -152.1293

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 6111.3749) against the same month in 2022 (average: 5870.7817), the exchange rate shifted by +240.5932 (+4.10%).

2023 Avg (December) 6111.3749

2022 Avg (December) 5870.7817

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6093.9737	5745.0201	5908.8428
February	5806.6929	5685.5531	5756.7135
March	5828.2976	5704.8609	5751.0383
April	5965.2489	5820.1364	5908.7289
May	5966.8292	5866.9421	5918.3927
June	6090.2989	5855.4488	5973.6792
July	6088.9521	5955.5140	6047.6252
August	6059.8911	5946.6661	6009.7319
September	5998.6984	5911.4771	5961.9317
October	5980.1840	5911.1114	5946.3332
November	6042.5291	5896.5706	5969.1410
December	6184.4267	5987.2034	6111.3749