YEARLY HIGH
2.3521 GNF
YEARLY LOW
1.9456 GNF
YEARLY AVERAGE
2.1367 GNF

2022 MGA to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MGA to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.3521. Conversely, the yearly low was recorded on December 28, dropping to 1.9456.

This high-to-low spread represents a total annual volatility of 0.4065 GNF. From a start-to-finish perspective, comparing the January average rate of 2.2857 to the December average rate of 1.9671, the exchange rate registered a net change of -13.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.3521 was down 14.92% compared to the 2021 peak of 2.7646, 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 11,761 GNF
2021 Average 12,780 GNF
Yearly Trough Low 9,728 GNF
Transaction Impact: A difference of 2,032.65 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.3175
1.9353
JanuMarcMayJulySeptNove

MGA to GNF 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 2.2259, compared to 2.0476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1783 points.

H1 Avg (Jan–Jun) 2.2259
H2 Avg (Jul–Dec) 2.0476

Volatility Range Comparison

Volatility

The most volatile month in 2022 was January, with a trading range of 0.0984 GNF (High: 2.3521 / Low: 2.2538). On the other end, May was the most stable month, with a tight range of 0.0334 GNF (High: 2.2172 / Low: 2.1838).

January Spread (Volatile) ±0.0984
May Spread (Stable) ±0.0334

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0761 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0761

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 2.2857) against the same month in 2021 (average: 2.6808), the exchange rate shifted by -0.3951 (-14.74%).

2022 Avg (January) 2.2857
2021 Avg (January) 2.6808

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3521 2.2538 2.2857
February 2.2852 2.2497 2.2607
March 2.2515 2.2079 2.2248
April 2.2374 2.1941 2.2125
May 2.2172 2.1838 2.1988
June 2.2207 2.1291 2.1727
July 2.1307 2.0544 2.0966
August 2.1359 2.0522 2.0816
September 2.1224 2.0440 2.0792
October 2.0908 2.0243 2.0466
November 2.0386 1.9860 2.0141
December 2.0046 1.9456 1.9671