2022 LRD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 LRD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the LRD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 29.0061. Conversely, the yearly low was recorded on February 27, dropping to 25.7090.
This high-to-low spread represents a total annual volatility of 3.2972 MGA. From a start-to-finish perspective, comparing the January average rate of 26.6433 to the December average rate of 28.6703, the exchange rate registered a net change of 7.61% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 29.0061 was up 3.25% compared to the 2021 peak of 28.0932, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
LRD 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 26.3803, compared to 27.6289 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2485 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was January, with a trading range of 1.1647 MGA (High: 27.3494 / Low: 26.1848). On the other end, February was the most stable month, with a tight range of 0.4745 MGA (High: 26.1835 / Low: 25.7090).
Growth Streaks & Declines
TrendsBetween February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.6962 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 28.6703) against the same month in 2021 (average: 27.8255), the exchange rate shifted by +0.8449 (+3.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.3494 | 26.1848 | 26.6433 |
| February | 26.1835 | 25.7090 | 25.9471 |
| March | 26.5036 | 25.8543 | 26.1791 |
| April | 26.7429 | 26.0959 | 26.4139 |
| May | 26.7650 | 26.1967 | 26.4647 |
| June | 26.7768 | 26.2829 | 26.6339 |
| July | 27.6348 | 26.7302 | 27.1593 |
| August | 27.5628 | 26.7670 | 27.1819 |
| September | 27.7740 | 26.7532 | 27.1594 |
| October | 27.8462 | 27.2887 | 27.6089 |
| November | 28.3244 | 27.5405 | 27.9935 |
| December | 29.0061 | 28.2960 | 28.6703 |