YEARLY HIGH
0.0266 AFN
YEARLY LOW
0.0195 AFN
YEARLY AVERAGE
0.0218 AFN

2022 MGA to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MGA to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0266. Conversely, the yearly low was recorded on December 13, dropping to 0.0195.

This high-to-low spread represents a total annual volatility of 0.0071 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0263 to the December average rate of 0.0198, the exchange rate registered a net change of -24.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0266 was down 10.46% compared to the 2021 peak of 0.0297, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 133 AFN
2021 Average 108 AFN
Yearly Trough Low 98 AFN
Transaction Impact: A difference of 35.27 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0269
0.0191
JanuMarcMayJulySeptNove

MGA to AFN 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 0.0229, compared to 0.0208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0229
H2 Avg (Jul–Dec) 0.0208

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 0.0020 AFN (High: 0.0250 / Low: 0.0230). On the other end, November was the most stable month, with a tight range of 0.0006 AFN (High: 0.0207 / Low: 0.0201).

February Spread (Volatile) ±0.0020
November Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and June, 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 January and February, when the average rate fell by 0.0029 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.0263) against the same month in 2021 (average: 0.0203), the exchange rate shifted by +0.0060 (+29.36%).

2022 Avg (January) 0.0263
2021 Avg (January) 0.0203

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0266 0.0256 0.0263
February 0.0250 0.0230 0.0234
March 0.0230 0.0215 0.0221
April 0.0222 0.0213 0.0218
May 0.0227 0.0213 0.0219
June 0.0223 0.0215 0.0220
July 0.0216 0.0209 0.0214
August 0.0221 0.0210 0.0214
September 0.0216 0.0206 0.0212
October 0.0211 0.0201 0.0205
November 0.0207 0.0201 0.0204
December 0.0203 0.0195 0.0198