2023 XPF to MGA Historical Review

YEARLY HIGH

42.7716 MGA

YEARLY LOW

37.9878 MGA

YEARLY AVERAGE

40.3601 MGA

2023 XPF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XPF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 42.7716. Conversely, the yearly low was recorded on February 28, dropping to 37.9878.

This high-to-low spread represents a total annual volatility of 4.7838 MGA. From a start-to-finish perspective, comparing the January average rate of 39.7586 to the December average rate of 41.9475, the exchange rate registered a net change of 5.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 42.7716 was up 6.21% compared to the 2022 peak of 40.2699, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 213,858 MGA

2022 Average 182,173 MGA

Yearly Trough Low 189,939 MGA

Transaction Impact: A difference of 23,918.87 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

42.2874

38.2086

JanuMarcMayJulySeptNove

XPF 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 39.6884, compared to 41.0318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3433 points.

H1 Avg (Jan–Jun) 39.6884

H2 Avg (Jul–Dec) 41.0318

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2.3301 MGA (High: 41.1611 / Low: 38.8309). On the other end, October was the most stable month, with a tight range of 0.7191 MGA (High: 40.4532 / Low: 39.7341).

January Spread (Volatile) ±2.3301

October Spread (Stable) ±0.7191

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.2101 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.2101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 41.9475) against the same month in 2022 (average: 39.2567), the exchange rate shifted by +2.6908 (+6.85%).

2023 Avg (December) 41.9475

2022 Avg (December) 39.2567

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41.1611	38.8309	39.7586
February	39.5685	37.9878	38.5485
March	39.6588	38.0716	38.7019
April	41.1692	39.2210	40.3145
May	41.4533	39.5240	40.1312
June	41.6583	39.5418	40.6759
July	42.5840	40.9973	41.7048
August	41.7006	40.7449	41.1563
September	40.8194	39.9763	40.3550
October	40.4532	39.7341	40.0909
November	41.7385	40.0903	40.9360
December	42.7716	41.0759	41.9475