2022 CNY to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 CNY to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the CNY to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 649.4730. Conversely, the yearly low was recorded on October 25, dropping to 581.8013.
This high-to-low spread represents a total annual volatility of 67.6718 MGA. From a start-to-finish perspective, comparing the January average rate of 626.2125 to the December average rate of 633.9708, the exchange rate registered a net change of 1.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 649.4730 was up 3.69% compared to the 2021 peak of 626.3375, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
CNY 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 619.7621, compared to 608.4653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.2968 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was April, with a trading range of 30.7972 MGA (High: 636.0783 / Low: 605.2811). On the other end, February was the most stable month, with a tight range of 6.3728 MGA (High: 631.5973 / Low: 625.2245).
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 April and May, when the average rate fell by 26.0815 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 633.9708) against the same month in 2021 (average: 622.8053), the exchange rate shifted by +11.1655 (+1.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 631.8231 | 620.1295 | 626.2125 |
| February | 631.5973 | 625.2245 | 628.7313 |
| March | 637.5622 | 627.5231 | 633.7062 |
| April | 636.0783 | 605.2811 | 625.5526 |
| May | 609.2042 | 588.3046 | 599.4711 |
| June | 608.8959 | 598.0497 | 604.8990 |
| July | 624.4338 | 607.8298 | 615.2243 |
| August | 625.8723 | 599.5518 | 614.0542 |
| September | 605.4592 | 581.8978 | 596.3107 |
| October | 599.1715 | 581.8013 | 590.0732 |
| November | 616.0775 | 585.5250 | 601.1588 |
| December | 649.4730 | 619.1642 | 633.9708 |