YEARLY HIGH
0.5140 MGA
YEARLY LOW
0.4252 MGA
YEARLY AVERAGE
0.4690 MGA

2022 GNF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GNF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.5140. Conversely, the yearly low was recorded on January 3, dropping to 0.4252.

This high-to-low spread represents a total annual volatility of 0.0888 MGA. From a start-to-finish perspective, comparing the January average rate of 0.4376 to the December average rate of 0.5084, the exchange rate registered a net change of 16.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5140 was up 20.71% compared to the 2021 peak of 0.4258, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,570 MGA
2021 Average 1,960 MGA
Yearly Trough Low 2,126 MGA
Transaction Impact: A difference of 444.18 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5155
0.4305
JanuMarcMayJulySeptNove

GNF 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 0.4494, compared to 0.4887 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0393 points.

H1 Avg (Jan–Jun) 0.4494
H2 Avg (Jul–Dec) 0.4887

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0194 MGA (High: 0.4697 / Low: 0.4503). On the other end, May was the most stable month, with a tight range of 0.0069 MGA (High: 0.4579 / Low: 0.4510).

June Spread (Volatile) ±0.0194
May Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.5084) against the same month in 2021 (average: 0.4215), the exchange rate shifted by +0.0869 (+20.62%).

2022 Avg (December) 0.5084
2021 Avg (December) 0.4215

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4437 0.4252 0.4376
February 0.4445 0.4376 0.4423
March 0.4529 0.4441 0.4495
April 0.4558 0.4469 0.4520
May 0.4579 0.4510 0.4548
June 0.4697 0.4503 0.4603
July 0.4868 0.4693 0.4771
August 0.4873 0.4682 0.4804
September 0.4892 0.4712 0.4810
October 0.4940 0.4783 0.4886
November 0.5035 0.4905 0.4965
December 0.5140 0.4989 0.5084