2022 FJD to MGA Historical Review

YEARLY HIGH

2029.5194 MGA

YEARLY LOW

1808.5833 MGA

YEARLY AVERAGE

1886.6658 MGA

2022 FJD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FJD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 2029.5194. Conversely, the yearly low was recorded on September 27, dropping to 1808.5833.

This high-to-low spread represents a total annual volatility of 220.9361 MGA. From a start-to-finish perspective, comparing the January average rate of 1868.3462 to the December average rate of 2002.1057, the exchange rate registered a net change of 7.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2029.5194 was up 5.27% compared to the 2021 peak of 1927.9123, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,147,597 MGA

2021 Average 9,312,770 MGA

Yearly Trough Low 9,042,916 MGA

Transaction Impact: A difference of 1,104,680.59 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2018.4425

1822.4003

JanuMarcMayJulySeptNove

FJD 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 1875.7274, compared to 1897.6041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.8767 points.

H1 Avg (Jan–Jun) 1875.7274

H2 Avg (Jul–Dec) 1897.6041

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 129.2184 MGA (High: 1979.1139 / Low: 1849.8956). On the other end, February was the most stable month, with a tight range of 20.8091 MGA (High: 1876.4166 / Low: 1855.6075).

November Spread (Volatile) ±129.2184

February Spread (Stable) ±20.8091

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 April and May, when the average rate fell by 52.8502 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -52.8502

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 2002.1057) against the same month in 2021 (average: 1862.8950), the exchange rate shifted by +139.2107 (+7.47%).

2022 Avg (December) 2002.1057

2021 Avg (December) 1862.8950

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1883.8194	1844.6003	1868.3462
February	1876.4166	1855.6075	1867.1926
March	1947.4183	1875.4815	1910.6352
April	1935.7951	1854.7284	1900.0417
May	1888.4119	1809.5848	1847.1915
June	1897.8967	1840.4240	1860.9575
July	1924.9536	1827.3156	1874.6643
August	1966.0028	1860.1291	1899.3595
September	1888.2763	1808.5833	1851.2219
October	1877.0905	1814.4566	1838.7372
November	1979.1139	1849.8956	1919.5362
December	2029.5194	1976.3532	2002.1057