2022 ILS to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 ILS to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the ILS to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 1300.9790. Conversely, the yearly low was recorded on July 2, dropping to 1154.2544.
This high-to-low spread represents a total annual volatility of 146.7246 MGA. From a start-to-finish perspective, comparing the January average rate of 1269.0945 to the December average rate of 1279.1734, the exchange rate registered a net change of 0.79% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 1300.9790 was up 0.30% compared to the 2021 peak of 1297.0782, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
ILS 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 1227.6945, compared to 1232.7107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.0163 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was July, with a trading range of 78.5150 MGA (High: 1232.7694 / Low: 1154.2544). On the other end, October was the most stable month, with a tight range of 37.3523 MGA (High: 1216.7686 / Low: 1179.4163).
Growth Streaks & Declines
TrendsBetween June and August, 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 August and September, when the average rate fell by 56.6186 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2022: 1268.9787) against the same month in 2021 (average: 1206.6065), the exchange rate shifted by +62.3722 (+5.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1282.5471 | 1244.6897 | 1269.0945 |
| February | 1260.4384 | 1217.0140 | 1240.0999 |
| March | 1264.0868 | 1213.5079 | 1240.1329 |
| April | 1263.6017 | 1196.9955 | 1239.7856 |
| May | 1210.1174 | 1166.6749 | 1188.6975 |
| June | 1217.9740 | 1165.1537 | 1188.3563 |
| July | 1232.7694 | 1154.2544 | 1196.9366 |
| August | 1300.9790 | 1231.0910 | 1268.9787 |
| September | 1242.4713 | 1179.4163 | 1212.3600 |
| October | 1216.7686 | 1179.4163 | 1197.9563 |
| November | 1269.1402 | 1193.4331 | 1240.8593 |
| December | 1300.5976 | 1262.0539 | 1279.1734 |