2022 HKD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 HKD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the HKD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 573.3850. Conversely, the yearly low was recorded on January 4, dropping to 507.0080.
This high-to-low spread represents a total annual volatility of 66.3770 MGA. From a start-to-finish perspective, comparing the January average rate of 510.7680 to the December average rate of 567.5522, the exchange rate registered a net change of 11.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 573.3850 was up 11.88% compared to the 2021 peak of 512.4902, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 HKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
HKD 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 512.7510, compared to 541.7473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 28.9963 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 19.2711 MGA (High: 558.7893 / Low: 539.5182). On the other end, February was the most stable month, with a tight range of 7.1241 MGA (High: 514.8831 / Low: 507.7591).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.2124 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 567.5522) against the same month in 2021 (average: 508.6957), the exchange rate shifted by +58.8566 (+11.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 514.3584 | 507.0080 | 510.7680 |
| February | 514.8831 | 507.7591 | 511.2819 |
| March | 518.0754 | 510.1177 | 513.9865 |
| April | 518.1766 | 508.3710 | 512.8093 |
| May | 515.6125 | 507.3727 | 511.5969 |
| June | 519.8014 | 509.2480 | 516.0632 |
| July | 536.7413 | 519.0886 | 527.7796 |
| August | 539.1328 | 524.1840 | 532.1834 |
| September | 541.9593 | 524.8745 | 532.3946 |
| October | 545.2383 | 534.5782 | 540.4531 |
| November | 558.7893 | 539.5182 | 550.1208 |
| December | 573.3850 | 560.3158 | 567.5522 |