YEARLY HIGH
648.3071 MGA
YEARLY LOW
573.3221 MGA
YEARLY AVERAGE
598.9544 MGA

2022 BOB to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BOB to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 648.3071. Conversely, the yearly low was recorded on January 4, dropping to 573.3221.

This high-to-low spread represents a total annual volatility of 74.9851 MGA. From a start-to-finish perspective, comparing the January average rate of 577.6742 to the December average rate of 639.5309, the exchange rate registered a net change of 10.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 648.3071 was up 11.98% compared to the 2021 peak of 578.9551, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,241,536 MGA
2021 Average 2,791,046 MGA
Yearly Trough Low 2,866,610 MGA
Transaction Impact: A difference of 374,925.39 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

645.7166
571.4886
JanuMarcMayJulySeptNove

BOB 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 582.9573, compared to 614.9515 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 31.9943 points.

H1 Avg (Jan–Jun) 582.9573
H2 Avg (Jul–Dec) 614.9515

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 21.6639 MGA (High: 613.2469 / Low: 591.5830). On the other end, February was the most stable month, with a tight range of 4.9494 MGA (High: 582.2590 / Low: 577.3097).

July Spread (Volatile) ±21.6639
February Spread (Stable) ±4.9494

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.7163 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.7163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 639.5309) against the same month in 2021 (average: 574.9717), the exchange rate shifted by +64.5592 (+11.23%).

2022 Avg (December) 639.5309
2021 Avg (December) 574.9717

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 581.3080 573.3221 577.6742
February 582.2590 577.3097 579.4468
March 588.2180 580.0683 584.5863
April 587.9966 578.4102 583.8700
May 588.2415 579.6724 584.0352
June 592.7001 580.0392 588.1310
July 613.2469 591.5830 602.5547
August 612.8794 594.4831 604.8516
September 613.9667 596.0917 605.0758
October 619.6915 605.7938 613.8416
November 630.6547 618.9646 623.8546
December 648.3071 631.2806 639.5309