2022 CAD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 CAD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the CAD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 3301.5364. Conversely, the yearly low was recorded on October 1, dropping to 3034.5865.
This high-to-low spread represents a total annual volatility of 266.9499 MGA. From a start-to-finish perspective, comparing the January average rate of 3151.6248 to the December average rate of 3249.4667, the exchange rate registered a net change of 3.10% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 3301.5364 was up 2.54% compared to the 2021 peak of 3219.6282, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
CAD 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 3155.6067, compared to 3188.0387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 32.4320 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was September, with a trading range of 185.6746 MGA (High: 3220.2611 / Low: 3034.5865). On the other end, February was the most stable month, with a tight range of 42.7986 MGA (High: 3150.7631 / Low: 3107.9645).
Growth Streaks & Declines
TrendsBetween May and August, 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 August and September, when the average rate fell by 90.5848 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 3249.4667) against the same month in 2021 (average: 3099.4913), the exchange rate shifted by +149.9753 (+4.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3193.0242 | 3110.1239 | 3151.6248 |
| February | 3150.7631 | 3107.9645 | 3133.4466 |
| March | 3248.3483 | 3115.7939 | 3179.2102 |
| April | 3231.9932 | 3109.9967 | 3182.8871 |
| May | 3192.4215 | 3089.9599 | 3126.3615 |
| June | 3226.8104 | 3108.9157 | 3160.1102 |
| July | 3289.7963 | 3133.6493 | 3204.8108 |
| August | 3295.7030 | 3157.5716 | 3230.1556 |
| September | 3220.2611 | 3034.5865 | 3139.5707 |
| October | 3146.8956 | 3034.5865 | 3095.7784 |
| November | 3254.0508 | 3110.9510 | 3208.4503 |
| December | 3301.5364 | 3190.9081 | 3249.4667 |