2022 ETB to MGA Historical Review

YEARLY HIGH

83.5042 MGA

YEARLY LOW

77.2551 MGA

YEARLY AVERAGE

79.4854 MGA

2022 ETB to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ETB to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 83.5042. Conversely, the yearly low was recorded on May 28, dropping to 77.2551.

This high-to-low spread represents a total annual volatility of 6.2491 MGA. From a start-to-finish perspective, comparing the January average rate of 80.2526 to the December average rate of 82.5771, the exchange rate registered a net change of 2.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 83.5042 was down 15.99% compared to the 2021 peak of 99.3984, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 417,521 MGA

2021 Average 440,181 MGA

Yearly Trough Low 386,275 MGA

Transaction Impact: A difference of 31,245.51 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

83.0583

77.2849

JanuMarcMayJulySeptNove

ETB 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 78.6274, compared to 80.3435 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7161 points.

H1 Avg (Jan–Jun) 78.6274

H2 Avg (Jul–Dec) 80.3435

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 2.5373 MGA (High: 80.6685 / Low: 78.1312). On the other end, April was the most stable month, with a tight range of 0.7735 MGA (High: 78.6323 / Low: 77.8589).

July Spread (Volatile) ±2.5373

April Spread (Stable) ±0.7735

Growth Streaks & Declines

Trends

Between May and August, 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 January and February, when the average rate fell by 1.2852 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.2852

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 82.5771) against the same month in 2021 (average: 79.5334), the exchange rate shifted by +3.0438 (+3.83%).

2022 Avg (December) 82.5771

2021 Avg (December) 79.5334

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	80.7460	79.8690	80.2526
February	80.0925	77.9366	78.9674
March	79.2078	77.7796	78.6119
April	78.6323	77.8589	78.2371
May	78.5284	77.2551	77.7660
June	78.2289	77.4225	77.9292
July	80.6685	78.1312	79.2465
August	80.6529	78.2144	79.4936
September	80.2915	78.4911	79.3644
October	80.7236	79.7909	80.3261
November	81.8868	80.2290	81.0530
December	83.5042	81.6573	82.5771