2022 MGA to ISK Historical Review

YEARLY HIGH

0.0348 ISK

YEARLY LOW

0.0311 ISK

YEARLY AVERAGE

0.0327 ISK

2022 MGA to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MGA to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.0348. Conversely, the yearly low was recorded on February 9, dropping to 0.0311.

This high-to-low spread represents a total annual volatility of 0.0037 ISK. From a start-to-finish perspective, comparing the January average rate of 0.0324 to the December average rate of 0.0322, the exchange rate registered a net change of -0.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0348 was up 0.41% compared to the 2021 peak of 0.0346, 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 174 ISK

2021 Average 165 ISK

Yearly Trough Low 155 ISK

Transaction Impact: A difference of 18.35 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0342

0.0311

JanuMarcMayJulySeptNove

MGA to ISK 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 0.0322, compared to 0.0333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0322

H2 Avg (Jul–Dec) 0.0333

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0023 ISK (High: 0.0348 / Low: 0.0324). On the other end, February was the most stable month, with a tight range of 0.0008 ISK (High: 0.0319 / Low: 0.0311).

November Spread (Volatile) ±0.0023

February Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between June and October, 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 0.0013 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.0335) against the same month in 2021 (average: 0.0328), the exchange rate shifted by +0.0006 (+1.86%).

2022 Avg (November) 0.0335

2021 Avg (November) 0.0328

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0331	0.0320	0.0324
February	0.0319	0.0311	0.0314
March	0.0337	0.0316	0.0324
April	0.0327	0.0316	0.0322
May	0.0335	0.0314	0.0326
June	0.0329	0.0317	0.0324
July	0.0338	0.0323	0.0329
August	0.0343	0.0323	0.0332
September	0.0347	0.0331	0.0339
October	0.0344	0.0333	0.0339
November	0.0348	0.0324	0.0335
December	0.0325	0.0316	0.0322