YEARLY HIGH
644.8456 MGA
YEARLY LOW
540.5899 MGA
YEARLY AVERAGE
584.4488 MGA

2022 DKK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the DKK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 644.8456. Conversely, the yearly low was recorded on September 23, dropping to 540.5899.

This high-to-low spread represents a total annual volatility of 104.2557 MGA. From a start-to-finish perspective, comparing the January average rate of 605.4879 to the December average rate of 629.5039, the exchange rate registered a net change of 3.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 644.8456 was down 0.06% compared to the 2021 peak of 645.2426, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,224,228 MGA
2021 Average 3,063,424 MGA
Yearly Trough Low 2,702,949 MGA
Transaction Impact: A difference of 521,278.50 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

636.7868
549.3919
JanuMarcMayJulySeptNove

DKK 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 589.7961, compared to 579.1015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.6945 points.

H1 Avg (Jan–Jun) 589.7961
H2 Avg (Jul–Dec) 579.1015

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 51.0488 MGA (High: 611.1908 / Low: 560.1420). On the other end, January was the most stable month, with a tight range of 14.8541 MGA (High: 612.1753 / Low: 597.3212).

November Spread (Volatile) ±51.0488
January Spread (Stable) ±14.8541

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 13.8456 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -13.8456

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 629.5039) against the same month in 2021 (average: 603.1373), the exchange rate shifted by +26.3666 (+4.37%).

2022 Avg (December) 629.5039
2021 Avg (December) 603.1373

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 612.1753 597.3212 605.4879
February 616.7333 595.6580 607.7870
March 603.2940 582.2899 594.7794
April 601.2390 567.0542 584.6444
May 585.2032 558.7210 570.7987
June 584.4648 565.5229 575.2789
July 578.3302 551.6415 567.5451
August 583.5962 550.5434 567.9576
September 569.4520 540.5899 556.6749
October 575.8470 551.2708 560.9298
November 611.1908 560.1420 591.9978
December 644.8456 615.4214 629.5039