2022 BGN to MGA Historical Review

YEARLY HIGH

2451.8993 MGA

YEARLY LOW

2056.1230 MGA

YEARLY AVERAGE

2223.1812 MGA

2022 BGN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2451.8993. Conversely, the yearly low was recorded on September 23, dropping to 2056.1230.

This high-to-low spread represents a total annual volatility of 395.7762 MGA. From a start-to-finish perspective, comparing the January average rate of 2303.4072 to the December average rate of 2392.1373, the exchange rate registered a net change of 3.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2451.8993 was down 0.14% compared to the 2021 peak of 2455.2644, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,259,496 MGA

2021 Average 11,648,822 MGA

Yearly Trough Low 10,280,615 MGA

Transaction Impact: A difference of 1,978,881.13 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2419.5267

2090.8536

JanuMarcMayJulySeptNove

BGN 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 2243.9109, compared to 2202.4516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 41.4594 points.

H1 Avg (Jan–Jun) 2243.9109

H2 Avg (Jul–Dec) 2202.4516

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 189.4707 MGA (High: 2319.6146 / Low: 2130.1438). On the other end, January was the most stable month, with a tight range of 56.3405 MGA (High: 2329.0170 / Low: 2272.6766).

November Spread (Volatile) ±189.4707

January Spread (Stable) ±56.3405

Growth Streaks & Declines

Trends

Between 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 53.6157 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -53.6157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 2392.1373) against the same month in 2021 (average: 2292.0888), the exchange rate shifted by +100.0485 (+4.36%).

2022 Avg (December) 2392.1373

2021 Avg (December) 2292.0888

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2329.0170	2272.6766	2303.4072
February	2344.4370	2281.7720	2313.6513
March	2293.9276	2213.8285	2262.9463
April	2285.3531	2159.5849	2224.2733
May	2228.2115	2123.7395	2170.6576
June	2226.5272	2150.4034	2188.5299
July	2200.3105	2098.5908	2158.4378
August	2221.4475	2093.6161	2160.1157
September	2165.2777	2056.1230	2118.2430
October	2188.5564	2097.0772	2133.5770
November	2319.6146	2130.1438	2252.1985
December	2451.8993	2332.3001	2392.1373