YEARLY HIGH
0.0197 INR
YEARLY LOW
0.0185 INR
YEARLY AVERAGE
0.0190 INR

2022 MGA to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MGA to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 0.0197. Conversely, the yearly low was recorded on December 30, dropping to 0.0185.

This high-to-low spread represents a total annual volatility of 0.0012 INR. From a start-to-finish perspective, comparing the January average rate of 0.0187 to the December average rate of 0.0186, the exchange rate registered a net change of -0.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0197 was down 1.42% compared to the 2021 peak of 0.0200, 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 98 INR
2021 Average 96 INR
Yearly Trough Low 92 INR
Transaction Impact: A difference of 6.01 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0195
0.0186
JanuMarcMayJulySeptNove

MGA to INR 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 0.0190, compared to 0.0191 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0190
H2 Avg (Jul–Dec) 0.0191

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0007 INR (High: 0.0194 / Low: 0.0186). On the other end, January was the most stable month, with a tight range of 0.0003 INR (High: 0.0189 / Low: 0.0186).

November Spread (Volatile) ±0.0007
January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.0194) against the same month in 2021 (average: 0.0189), the exchange rate shifted by +0.0005 (+2.47%).

2022 Avg (October) 0.0194
2021 Avg (October) 0.0189

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0189 0.0186 0.0187
February 0.0190 0.0186 0.0188
March 0.0193 0.0188 0.0190
April 0.0191 0.0188 0.0189
May 0.0195 0.0190 0.0193
June 0.0195 0.0192 0.0193
July 0.0195 0.0189 0.0192
August 0.0194 0.0187 0.0191
September 0.0196 0.0188 0.0192
October 0.0197 0.0191 0.0194
November 0.0194 0.0186 0.0189
December 0.0188 0.0185 0.0186