YEARLY HIGH
0.2884 MGA
YEARLY LOW
0.2701 MGA
YEARLY AVERAGE
0.2781 MGA

2022 IDR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IDR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.2884. Conversely, the yearly low was recorded on November 6, dropping to 0.2701.

This high-to-low spread represents a total annual volatility of 0.0183 MGA. From a start-to-finish perspective, comparing the January average rate of 0.2777 to the December average rate of 0.2839, the exchange rate registered a net change of 2.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2884 was up 2.00% compared to the 2021 peak of 0.2827, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 2,883,941 MGA
2021 Average 2,693,585 MGA
Yearly Trough Low 2,700,991 MGA
Transaction Impact: A difference of 182,949.26 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2849
0.2740
JanuMarcMayJulySeptNove

IDR 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 0.2776, compared to 0.2785 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.2776
H2 Avg (Jul–Dec) 0.2785

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0120 MGA (High: 0.2835 / Low: 0.2715). On the other end, February was the most stable month, with a tight range of 0.0034 MGA (High: 0.2797 / Low: 0.2763).

July Spread (Volatile) ±0.0120
February Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between 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 April and May, when the average rate fell by 0.0039 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.2839) against the same month in 2021 (average: 0.2770), the exchange rate shifted by +0.0070 (+2.52%).

2022 Avg (December) 0.2839
2021 Avg (December) 0.2770

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2795 0.2754 0.2777
February 0.2797 0.2763 0.2778
March 0.2828 0.2764 0.2803
April 0.2826 0.2754 0.2793
May 0.2788 0.2723 0.2754
June 0.2810 0.2726 0.2754
July 0.2835 0.2715 0.2767
August 0.2868 0.2757 0.2815
September 0.2825 0.2742 0.2787
October 0.2800 0.2703 0.2749
November 0.2789 0.2701 0.2752
December 0.2884 0.2798 0.2839