YEARLY HIGH
43.2641 MGA
YEARLY LOW
36.5381 MGA
YEARLY AVERAGE
39.3423 MGA

2022 CVE to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CVE to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 43.2641. Conversely, the yearly low was recorded on September 27, dropping to 36.5381.

This high-to-low spread represents a total annual volatility of 6.7260 MGA. From a start-to-finish perspective, comparing the January average rate of 40.7378 to the December average rate of 42.3682, the exchange rate registered a net change of 4.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 43.2641 was down 0.35% compared to the 2021 peak of 43.4169, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CVE based on timing:

Yearly Peak High 216,321 MGA
2021 Average 205,858 MGA
Yearly Trough Low 182,690 MGA
Transaction Impact: A difference of 33,630.17 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

42.8449
37.1245
JanuMarcMayJulySeptNove

CVE to MGA Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 39.6822, compared to 39.0023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6799 points.

H1 Avg (Jan–Jun) 39.6822
H2 Avg (Jul–Dec) 39.0023

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 3.1763 MGA (High: 39.7144 / Low: 36.5381). On the other end, January was the most stable month, with a tight range of 1.0663 MGA (High: 41.2339 / Low: 40.1675).

September Spread (Volatile) ±3.1763
January Spread (Stable) ±1.0663

Growth Streaks & Declines

Trends

Between September and December, 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 1.0370 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0370

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 42.3682) against the same month in 2021 (average: 40.4840), the exchange rate shifted by +1.8842 (+4.65%).

2022 Avg (December) 42.3682
2021 Avg (December) 40.4840

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.2339 40.1675 40.7378
February 41.3520 40.1044 40.8573
March 40.5051 39.2258 39.9921
April 40.3727 38.1673 39.4152
May 39.1030 37.5729 38.3781
June 39.2587 38.1170 38.7128
July 40.2073 37.5034 38.5226
August 39.2585 37.0837 38.2166
September 39.7144 36.5381 37.6012
October 38.4016 36.6199 37.6298
November 41.0888 37.9994 39.6755
December 43.2641 41.0280 42.3682