2022 CRC to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 CRC to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the CRC to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 7.6836. Conversely, the yearly low was recorded on June 11, dropping to 5.8450.
This high-to-low spread represents a total annual volatility of 1.8386 MGA. From a start-to-finish perspective, comparing the January average rate of 6.2299 to the December average rate of 7.4993, the exchange rate registered a net change of 20.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 7.6836 was up 19.27% compared to the 2021 peak of 6.4420, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CRC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
CRC 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 6.1138, compared to 6.7210 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6072 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was August, with a trading range of 0.5002 MGA (High: 6.6599 / Low: 6.1597). On the other end, February was the most stable month, with a tight range of 0.0644 MGA (High: 6.2421 / Low: 6.1777).
Growth Streaks & Declines
TrendsBetween June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1158 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 7.4993) against the same month in 2021 (average: 6.2250), the exchange rate shifted by +1.2743 (+20.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.3081 | 6.1578 | 6.2299 |
| February | 6.2421 | 6.1777 | 6.2173 |
| March | 6.3033 | 6.1214 | 6.2124 |
| April | 6.1929 | 6.0435 | 6.1164 |
| May | 6.0815 | 5.9137 | 6.0007 |
| June | 5.9748 | 5.8450 | 5.9061 |
| July | 6.2982 | 5.9328 | 6.0904 |
| August | 6.6599 | 6.1597 | 6.3486 |
| September | 6.7113 | 6.3303 | 6.5288 |
| October | 6.9304 | 6.6374 | 6.8030 |
| November | 7.3099 | 6.8863 | 7.0557 |
| December | 7.6836 | 7.2499 | 7.4993 |