YEARLY HIGH
3.0674 MGA
YEARLY LOW
2.7077 MGA
YEARLY AVERAGE
2.8284 MGA

2022 IQD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IQD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 3.0674. Conversely, the yearly low was recorded on January 4, dropping to 2.7077.

This high-to-low spread represents a total annual volatility of 0.3598 MGA. From a start-to-finish perspective, comparing the January average rate of 2.7272 to the December average rate of 3.0275, the exchange rate registered a net change of 11.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.0674 was up 12.15% compared to the 2021 peak of 2.7351, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,337 MGA
2021 Average 13,196 MGA
Yearly Trough Low 13,538 MGA
Transaction Impact: A difference of 1,798.88 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.0576
2.6972
JanuMarcMayJulySeptNove

IQD 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 2.7481, compared to 2.9086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1604 points.

H1 Avg (Jan–Jun) 2.7481
H2 Avg (Jul–Dec) 2.9086

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0931 MGA (High: 2.8869 / Low: 2.7938). On the other end, February was the most stable month, with a tight range of 0.0261 MGA (High: 2.7497 / Low: 2.7235).

July Spread (Volatile) ±0.0931
February Spread (Stable) ±0.0261

Growth Streaks & Declines

Trends

Between 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 0.0018 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 3.0275) against the same month in 2021 (average: 2.7171), the exchange rate shifted by +0.3104 (+11.42%).

2022 Avg (December) 3.0275
2021 Avg (December) 2.7171

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7441 2.7077 2.7272
February 2.7497 2.7235 2.7324
March 2.7708 2.7323 2.7533
April 2.7698 2.7290 2.7525
May 2.7715 2.7277 2.7507
June 2.7954 2.7313 2.7728
July 2.8869 2.7938 2.8404
August 2.8849 2.8148 2.8586
September 2.9067 2.8200 2.8650
October 2.9414 2.8681 2.9068
November 2.9882 2.9298 2.9531
December 3.0674 2.9888 3.0275