2022 GMD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 GMD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the GMD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 78.1388. Conversely, the yearly low was recorded on November 6, dropping to 69.2565.
This high-to-low spread represents a total annual volatility of 8.8823 MGA. From a start-to-finish perspective, comparing the January average rate of 75.3714 to the December average rate of 71.2320, the exchange rate registered a net change of -5.49% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 78.1388 was up 1.33% compared to the 2021 peak of 77.1134, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
GMD to MGA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 74.9031, compared to 74.3685 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5346 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 3.7731 MGA (High: 73.0296 / Low: 69.2565). On the other end, February was the most stable month, with a tight range of 1.2471 MGA (High: 75.6247 / Low: 74.3776).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 4.3994 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2022: 76.6541) against the same month in 2021 (average: 75.0529), the exchange rate shifted by +1.6011 (+2.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 76.0684 | 74.7408 | 75.3714 |
| February | 75.6247 | 74.3776 | 75.0576 |
| March | 75.8627 | 73.5186 | 75.1296 |
| April | 75.4860 | 73.9332 | 74.5557 |
| May | 75.2323 | 73.5797 | 74.4258 |
| June | 75.4134 | 73.7765 | 74.8782 |
| July | 78.1388 | 75.3630 | 76.6541 |
| August | 78.0862 | 75.6361 | 76.8265 |
| September | 77.7015 | 74.8639 | 76.2347 |
| October | 76.6853 | 73.0368 | 74.8314 |
| November | 73.0296 | 69.2565 | 70.4321 |
| December | 72.3164 | 69.9569 | 71.2320 |