2022 MGA to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MGA to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MGA to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 0.5159. Conversely, the yearly low was recorded on December 31, dropping to 0.4603.
This high-to-low spread represents a total annual volatility of 0.0556 BIF. From a start-to-finish perspective, comparing the January average rate of 0.5031 to the December average rate of 0.4676, the exchange rate registered a net change of -7.06% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 0.5159 was down 2.29% compared to the 2021 peak of 0.5280, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MGA based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
MGA to BIF 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 0.5047, compared to 0.4853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0194 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was July, with a trading range of 0.0176 BIF (High: 0.5048 / Low: 0.4872). On the other end, May was the most stable month, with a tight range of 0.0064 BIF (High: 0.5101 / Low: 0.5037).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0106 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2022: 0.5062) against the same month in 2021 (average: 0.5234), the exchange rate shifted by -0.0173 (-3.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.5076 | 0.4955 | 0.5031 |
| February | 0.5074 | 0.5007 | 0.5034 |
| March | 0.5086 | 0.4988 | 0.5035 |
| April | 0.5115 | 0.5026 | 0.5056 |
| May | 0.5101 | 0.5037 | 0.5065 |
| June | 0.5159 | 0.5017 | 0.5062 |
| July | 0.5048 | 0.4872 | 0.4964 |
| August | 0.5004 | 0.4869 | 0.4924 |
| September | 0.5002 | 0.4851 | 0.4918 |
| October | 0.4936 | 0.4817 | 0.4852 |
| November | 0.4830 | 0.4734 | 0.4782 |
| December | 0.4739 | 0.4603 | 0.4676 |