2022 JMD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 JMD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the JMD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 29.5297. Conversely, the yearly low was recorded on February 13, dropping to 25.3266.
This high-to-low spread represents a total annual volatility of 4.2031 MGA. From a start-to-finish perspective, comparing the January average rate of 25.6835 to the December average rate of 28.8477, the exchange rate registered a net change of 12.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 29.5297 was up 7.39% compared to the 2021 peak of 27.4978, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
JMD 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 25.9823, compared to 27.8427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8603 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was December, with a trading range of 1.1737 MGA (High: 29.5297 / Low: 28.3559). On the other end, January was the most stable month, with a tight range of 0.2723 MGA (High: 25.8128 / Low: 25.5404).
Growth Streaks & Declines
TrendsBetween 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 January and February, when the average rate fell by 0.1795 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 28.8477) against the same month in 2021 (average: 25.6979), the exchange rate shifted by +3.1498 (+12.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.8128 | 25.5404 | 25.6835 |
| February | 25.7423 | 25.3266 | 25.5040 |
| March | 26.4565 | 25.7065 | 26.1919 |
| April | 26.3528 | 25.8401 | 26.0179 |
| May | 26.2135 | 25.7411 | 25.9638 |
| June | 27.0710 | 25.9534 | 26.5331 |
| July | 27.7542 | 27.0511 | 27.3174 |
| August | 27.8894 | 27.0042 | 27.5075 |
| September | 27.9416 | 27.0220 | 27.5840 |
| October | 28.0098 | 27.4709 | 27.7685 |
| November | 28.3229 | 27.8085 | 28.0309 |
| December | 29.5297 | 28.3559 | 28.8477 |