YEARLY HIGH
5490.3995 MGA
YEARLY LOW
4502.6522 MGA
YEARLY AVERAGE
5102.0333 MGA

2022 FKP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FKP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 5490.3995. Conversely, the yearly low was recorded on September 26, dropping to 4502.6522.

This high-to-low spread represents a total annual volatility of 987.7473 MGA. From a start-to-finish perspective, comparing the January average rate of 5394.6337 to the December average rate of 5381.5272, the exchange rate registered a net change of -0.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 5490.3995 was up 0.07% compared to the 2021 peak of 5486.4526, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27,451,997 MGA
2021 Average 26,497,994 MGA
Yearly Trough Low 22,513,261 MGA
Transaction Impact: A difference of 4,938,736.26 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

5462.6816
4668.3993
JanuMarcMayJulySeptNove

FKP 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 5212.8257, compared to 4991.2409 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 221.5848 points.

H1 Avg (Jan–Jun) 5212.8257
H2 Avg (Jul–Dec) 4991.2409

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 490.8904 MGA (High: 5266.6735 / Low: 4775.7831). On the other end, January was the most stable month, with a tight range of 109.9560 MGA (High: 5453.1107 / Low: 5343.1547).

November Spread (Volatile) ±490.8904
January Spread (Stable) ±109.9560

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 August and September, when the average rate fell by 260.6650 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -260.6650

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 5381.5272) against the same month in 2021 (average: 5280.0137), the exchange rate shifted by +101.5135 (+1.92%).

2022 Avg (December) 5381.5272
2021 Avg (December) 5280.0137

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5453.1107 5343.1547 5394.6337
February 5429.8424 5301.1454 5396.4914
March 5350.8982 5230.0354 5293.8162
April 5307.9092 5014.4417 5203.8918
May 5110.5446 4897.3446 4999.6005
June 5080.5167 4877.2872 4988.5203
July 5128.7558 4857.6922 4975.5797
August 5134.9540 4833.5817 4995.2545
September 4886.7194 4502.6522 4734.5895
October 4952.3288 4646.4966 4792.8489
November 5266.6735 4775.7831 5067.6453
December 5490.3995 5305.4833 5381.5272