2022 AFN to MGA Historical Review

YEARLY HIGH

51.2785 MGA

YEARLY LOW

37.6572 MGA

YEARLY AVERAGE

46.0143 MGA

2022 AFN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the AFN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 51.2785. Conversely, the yearly low was recorded on January 10, dropping to 37.6572.

This high-to-low spread represents a total annual volatility of 13.6213 MGA. From a start-to-finish perspective, comparing the January average rate of 38.0696 to the December average rate of 50.5524, the exchange rate registered a net change of 32.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 51.2785 was up 1.18% compared to the 2021 peak of 50.6808, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 256,393 MGA

2021 Average 232,336 MGA

Yearly Trough Low 188,286 MGA

Transaction Impact: A difference of 68,106.52 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

51.8007

36.8213

JanuMarcMayJulySeptNove

AFN 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 43.8668, compared to 48.1617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.2949 points.

H1 Avg (Jan–Jun) 43.8668

H2 Avg (Jul–Dec) 48.1617

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 3.5214 MGA (High: 43.5183 / Low: 39.9968). On the other end, January was the most stable month, with a tight range of 1.4010 MGA (High: 39.0582 / Low: 37.6572).

February Spread (Volatile) ±3.5214

January Spread (Stable) ±1.4010

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.3951 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.3951

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 50.5524) against the same month in 2021 (average: 39.0235), the exchange rate shifted by +11.5289 (+29.54%).

2022 Avg (December) 50.5524

2021 Avg (December) 39.0235

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.0582	37.6572	38.0696
February	43.5183	39.9968	42.7712
March	46.6025	43.4618	45.3265
April	47.0507	45.0453	45.9715
May	46.8421	44.1436	45.5765
June	46.4776	44.8876	45.4855
July	47.8500	46.2778	46.6994
August	47.6588	45.2747	46.7253
September	48.4299	46.2921	47.2160
October	49.7169	47.4237	48.7818
November	49.7392	48.2882	48.9953
December	51.2785	49.3220	50.5524