2022 BIF to MGA Historical Review

YEARLY HIGH

2.1726 MGA

YEARLY LOW

1.9384 MGA

YEARLY AVERAGE

2.0215 MGA

2022 BIF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BIF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.1726. Conversely, the yearly low was recorded on June 11, dropping to 1.9384.

This high-to-low spread represents a total annual volatility of 0.2342 MGA. From a start-to-finish perspective, comparing the January average rate of 1.9877 to the December average rate of 2.1387, the exchange rate registered a net change of 7.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.1726 was up 7.32% compared to the 2021 peak of 2.0245, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,863 MGA

2021 Average 9,757 MGA

Yearly Trough Low 9,692 MGA

Transaction Impact: A difference of 1,171.24 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.1552

1.9577

JanuMarcMayJulySeptNove

BIF 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 1.9814, compared to 2.0617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0803 points.

H1 Avg (Jan–Jun) 1.9814

H2 Avg (Jul–Dec) 2.0617

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0716 MGA (High: 2.0527 / Low: 1.9811). On the other end, May was the most stable month, with a tight range of 0.0250 MGA (High: 1.9855 / Low: 1.9605).

July Spread (Volatile) ±0.0716

May Spread (Stable) ±0.0250

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0084 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 2.1387) against the same month in 2021 (average: 1.9860), the exchange rate shifted by +0.1527 (+7.69%).

2022 Avg (December) 2.1387

2021 Avg (December) 1.9860

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0183	1.9701	1.9877
February	1.9970	1.9707	1.9864
March	2.0048	1.9661	1.9863
April	1.9896	1.9552	1.9779
May	1.9855	1.9605	1.9742
June	1.9931	1.9384	1.9757
July	2.0527	1.9811	2.0149
August	2.0538	1.9985	2.0310
September	2.0616	1.9991	2.0335
October	2.0761	2.0260	2.0610
November	2.1123	2.0705	2.0911
December	2.1726	2.1102	2.1387