2022 AOA to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 AOA to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the AOA to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on April 24, valuing the pair at 10.0028. Conversely, the yearly low was recorded on January 9, dropping to 7.1374.
This high-to-low spread represents a total annual volatility of 2.8654 MGA. From a start-to-finish perspective, comparing the January average rate of 7.4036 to the December average rate of 8.7632, the exchange rate registered a net change of 18.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 10.0028 was up 38.75% compared to the 2021 peak of 7.2091, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AOA based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
AOA 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 8.7427, compared to 9.3075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5648 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was April, with a trading range of 1.0392 MGA (High: 10.0028 / Low: 8.9636). On the other end, June was the most stable month, with a tight range of 0.2601 MGA (High: 9.5260 / Low: 9.2659).
Growth Streaks & Declines
TrendsBetween January and May, 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 October and November, when the average rate fell by 0.8101 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2022: 9.5008) against the same month in 2021 (average: 5.8942), the exchange rate shifted by +3.6067 (+61.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.5596 | 7.1374 | 7.4036 |
| February | 8.0246 | 7.5454 | 7.7532 |
| March | 8.9718 | 8.0307 | 8.6308 |
| April | 10.0028 | 8.9636 | 9.5008 |
| May | 10.0008 | 9.4988 | 9.7619 |
| June | 9.5260 | 9.2659 | 9.4057 |
| July | 9.7999 | 9.4542 | 9.6175 |
| August | 9.8601 | 9.5560 | 9.7204 |
| September | 9.8669 | 9.5805 | 9.7113 |
| October | 9.8087 | 8.8269 | 9.4214 |
| November | 8.7990 | 8.4458 | 8.6113 |
| December | 8.8943 | 8.6113 | 8.7632 |