2022 BOB to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
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.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |