2022 MAD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MAD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MAD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 431.8913. Conversely, the yearly low was recorded on September 28, dropping to 379.8814.
This high-to-low spread represents a total annual volatility of 52.0099 MGA. From a start-to-finish perspective, comparing the January average rate of 428.4022 to the December average rate of 420.3858, the exchange rate registered a net change of -1.87% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 431.8913 was down 2.05% compared to the 2021 peak of 440.9430, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
MAD 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 413.7869, compared to 400.3915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.3954 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was August, with a trading range of 21.0792 MGA (High: 410.4380 / Low: 389.3588). On the other end, January was the most stable month, with a tight range of 8.8200 MGA (High: 431.8913 / Low: 423.0713).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 12.0684 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 428.4022) against the same month in 2021 (average: 427.6012), the exchange rate shifted by +0.8009 (+0.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 431.8913 | 423.0713 | 428.4022 |
| February | 431.0206 | 417.4305 | 424.7393 |
| March | 417.9826 | 403.2382 | 413.1465 |
| April | 416.1734 | 401.0025 | 409.5121 |
| May | 409.1474 | 394.1285 | 401.5134 |
| June | 412.3317 | 400.2338 | 405.4079 |
| July | 413.1776 | 394.0530 | 404.8825 |
| August | 410.4380 | 389.3588 | 401.1492 |
| September | 396.2693 | 379.8814 | 389.0808 |
| October | 393.4788 | 382.2833 | 387.2108 |
| November | 408.4412 | 387.5554 | 399.6401 |
| December | 429.1702 | 411.9594 | 420.3858 |