YEARLY HIGH
12.9346 MGA
YEARLY LOW
9.5244 MGA
YEARLY AVERAGE
11.1625 MGA

2022 HUF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HUF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 12.9346. Conversely, the yearly low was recorded on October 12, dropping to 9.5244.

This high-to-low spread represents a total annual volatility of 3.4102 MGA. From a start-to-finish perspective, comparing the January average rate of 12.5504 to the December average rate of 11.5069, the exchange rate registered a net change of -8.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 12.9346 was down 3.55% compared to the 2021 peak of 13.4113, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 12,934,649 MGA
2021 Average 12,714,053 MGA
Yearly Trough Low 9,524,423 MGA
Transaction Impact: A difference of 3,410,226.64 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

12.9102
9.7341
JanuMarcMayJulySeptNove

HUF 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 11.7254, compared to 10.5996 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1258 points.

H1 Avg (Jan–Jun) 11.7254
H2 Avg (Jul–Dec) 10.5996

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 1.2087 MGA (High: 12.2167 / Low: 11.0080). On the other end, June was the most stable month, with a tight range of 0.6023 MGA (High: 11.1213 / Low: 10.5190).

March Spread (Volatile) ±1.2087
June Spread (Stable) ±0.6023

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.9032 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 12.6456) against the same month in 2021 (average: 12.6939), the exchange rate shifted by -0.0483 (-0.38%).

2022 Avg (February) 12.6456
2021 Avg (February) 12.6939

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.8620 12.2109 12.5504
February 12.9346 12.0235 12.6456
March 12.2167 11.0080 11.7423
April 12.1612 11.1464 11.6070
May 11.3190 10.6958 11.0230
June 11.1213 10.5190 10.7844
July 10.8348 10.0008 10.4906
August 11.0068 9.9751 10.5310
September 10.6417 9.7222 10.2429
October 10.4669 9.5244 9.9988
November 11.1166 10.2649 10.8274
December 11.9988 11.0204 11.5069