2022 ISK to MGA Historical Review

YEARLY HIGH

32.1598 MGA

YEARLY LOW

28.7653 MGA

YEARLY AVERAGE

30.5601 MGA

2022 ISK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 32.1598. Conversely, the yearly low was recorded on November 3, dropping to 28.7653.

This high-to-low spread represents a total annual volatility of 3.3945 MGA. From a start-to-finish perspective, comparing the January average rate of 30.8557 to the December average rate of 31.0666, the exchange rate registered a net change of 0.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 32.1598 was up 1.14% compared to the 2021 peak of 31.7983, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 160,799 MGA

2021 Average 151,753 MGA

Yearly Trough Low 143,826 MGA

Transaction Impact: A difference of 16,972.73 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

32.1270

29.2371

JanuMarcMayJulySeptNove

ISK 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 31.0471, compared to 30.0732 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9740 points.

H1 Avg (Jan–Jun) 31.0471

H2 Avg (Jul–Dec) 30.0732

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 2.0692 MGA (High: 30.8345 / Low: 28.7653). On the other end, February was the most stable month, with a tight range of 0.7914 MGA (High: 32.1598 / Low: 31.3685).

November Spread (Volatile) ±2.0692

February Spread (Stable) ±0.7914

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 1.0235 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.0235

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 31.8861) against the same month in 2021 (average: 29.3302), the exchange rate shifted by +2.5559 (+8.71%).

2022 Avg (February) 31.8861

2021 Avg (February) 29.3302

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.2705	30.2056	30.8557
February	32.1598	31.3685	31.8861
March	31.5974	29.6791	30.8626
April	31.6854	30.6044	31.1050
May	31.8463	29.8104	30.6676
June	31.5778	30.3728	30.9057
July	31.0048	29.6171	30.3706
August	30.9961	29.1785	30.1231
September	30.2057	28.7896	29.4939
October	30.0240	29.0852	29.4779
November	30.8345	28.7653	29.9068
December	31.6496	30.7386	31.0666