YEARLY HIGH
0.0578 PKR
YEARLY LOW
0.0437 PKR
YEARLY AVERAGE
0.0494 PKR

2022 MGA to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MGA to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 0.0578. Conversely, the yearly low was recorded on February 6, dropping to 0.0437.

This high-to-low spread represents a total annual volatility of 0.0141 PKR. From a start-to-finish perspective, comparing the January average rate of 0.0444 to the December average rate of 0.0509, the exchange rate registered a net change of 14.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0578 was up 26.61% compared to the 2021 peak of 0.0457, 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 289 PKR
2021 Average 211 PKR
Yearly Trough Low 218 PKR
Transaction Impact: A difference of 70.75 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0563
0.0429
JanuMarcMayJulySeptNove

MGA to PKR 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 0.0463, compared to 0.0525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.0463
H2 Avg (Jul–Dec) 0.0525

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0074 PKR (High: 0.0574 / Low: 0.0501). On the other end, November was the most stable month, with a tight range of 0.0006 PKR (High: 0.0520 / Low: 0.0514).

July Spread (Volatile) ±0.0074
November Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0030 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0551) against the same month in 2021 (average: 0.0429), the exchange rate shifted by +0.0123 (+28.62%).

2022 Avg (September) 0.0551
2021 Avg (September) 0.0429

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0450 0.0441 0.0444
February 0.0445 0.0437 0.0440
March 0.0454 0.0444 0.0448
April 0.0469 0.0450 0.0459
May 0.0504 0.0461 0.0483
June 0.0521 0.0489 0.0506
July 0.0574 0.0501 0.0526
August 0.0570 0.0513 0.0529
September 0.0578 0.0522 0.0551
October 0.0543 0.0512 0.0521
November 0.0520 0.0514 0.0516
December 0.0514 0.0506 0.0509