2022 BAM to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 BAM to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the BAM to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2441.8241. Conversely, the yearly low was recorded on September 28, dropping to 2061.5923.
This high-to-low spread represents a total annual volatility of 380.2318 MGA. From a start-to-finish perspective, comparing the January average rate of 2303.2771 to the December average rate of 2392.6465, the exchange rate registered a net change of 3.88% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 2441.8241 was down 0.56% compared to the 2021 peak of 2455.6132, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
BAM 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 2245.1483, compared to 2202.2850 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 42.8633 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 182.9982 MGA (High: 2326.3794 / Low: 2143.3812). On the other end, January was the most stable month, with a tight range of 56.9418 MGA (High: 2329.5587 / Low: 2272.6170).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 54.0678 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 2392.6465) against the same month in 2021 (average: 2292.7780), the exchange rate shifted by +99.8686 (+4.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2329.5587 | 2272.6170 | 2303.2771 |
| February | 2347.9704 | 2280.7752 | 2314.5248 |
| March | 2287.5121 | 2218.5204 | 2264.8100 |
| April | 2286.0889 | 2160.6987 | 2226.2465 |
| May | 2227.3285 | 2122.8850 | 2172.1787 |
| June | 2222.7369 | 2158.5648 | 2189.8527 |
| July | 2208.1535 | 2097.7064 | 2160.4967 |
| August | 2214.6862 | 2108.1976 | 2161.9152 |
| September | 2177.5387 | 2061.5923 | 2120.5502 |
| October | 2190.0273 | 2093.6720 | 2129.8447 |
| November | 2326.3794 | 2143.3812 | 2248.2569 |
| December | 2441.8241 | 2328.5611 | 2392.6465 |