2022 BRL to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 BRL to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the BRL to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 879.4152. Conversely, the yearly low was recorded on January 5, dropping to 695.4993.
This high-to-low spread represents a total annual volatility of 183.9159 MGA. From a start-to-finish perspective, comparing the January average rate of 720.9099 to the December average rate of 842.7003, the exchange rate registered a net change of 16.89% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 879.4152 was up 13.82% compared to the 2021 peak of 772.6587, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
BRL 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 793.2785, compared to 808.4807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.2022 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 82.4049 MGA (High: 855.2028 / Low: 772.7980). On the other end, December was the most stable month, with a tight range of 33.4286 MGA (High: 860.8384 / Low: 827.4099).
Growth Streaks & Declines
TrendsBetween January and April, 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 35.9717 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2022: 848.0302) against the same month in 2021 (average: 679.3371), the exchange rate shifted by +168.6931 (+24.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 752.8484 | 695.4993 | 720.9099 |
| February | 794.9326 | 749.9024 | 766.9054 |
| March | 855.2028 | 772.7980 | 809.4241 |
| April | 879.4152 | 804.3839 | 848.0302 |
| May | 850.2985 | 780.6779 | 812.0584 |
| June | 849.3038 | 773.6557 | 802.3430 |
| July | 812.7082 | 752.4655 | 773.4411 |
| August | 834.7048 | 791.0680 | 812.8527 |
| September | 820.7455 | 775.4314 | 799.3542 |
| October | 826.1979 | 775.4314 | 806.3699 |
| November | 848.4993 | 793.6507 | 816.1658 |
| December | 860.8384 | 827.4099 | 842.7003 |