2022 CLP to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 CLP to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the CLP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 5.2815. Conversely, the yearly low was recorded on July 17, dropping to 4.0006.
This high-to-low spread represents a total annual volatility of 1.2809 MGA. From a start-to-finish perspective, comparing the January average rate of 4.8522 to the December average rate of 5.0689, the exchange rate registered a net change of 4.47% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 5.2815 was down 5.46% compared to the 2021 peak of 5.5867, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 CLP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
CLP 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 4.8622, compared to 4.6150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2473 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was July, with a trading range of 0.6555 MGA (High: 4.6561 / Low: 4.0006). On the other end, February was the most stable month, with a tight range of 0.2178 MGA (High: 5.0374 / Low: 4.8196).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.3669 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 5.0689) against the same month in 2021 (average: 4.6699), the exchange rate shifted by +0.3990 (+8.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.0128 | 4.6498 | 4.8522 |
| February | 5.0374 | 4.8196 | 4.9319 |
| March | 5.2147 | 4.9169 | 5.0383 |
| April | 5.1690 | 4.6865 | 4.9217 |
| May | 4.8821 | 4.6391 | 4.7403 |
| June | 4.9955 | 4.3943 | 4.6891 |
| July | 4.6561 | 4.0006 | 4.3222 |
| August | 4.8006 | 4.3674 | 4.6227 |
| September | 4.7528 | 4.2261 | 4.5297 |
| October | 4.5692 | 4.3114 | 4.4484 |
| November | 4.8846 | 4.5258 | 4.6979 |
| December | 5.2815 | 4.8939 | 5.0689 |