2022 MGA to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MGA to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MGA to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 4.1506. Conversely, the yearly low was recorded on January 21, dropping to 2.8346.
This high-to-low spread represents a total annual volatility of 1.3160 SLL. From a start-to-finish perspective, comparing the January average rate of 2.8519 to the December average rate of 3.9959, the exchange rate registered a net change of 40.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 4.1506 was up 44.04% compared to the 2021 peak of 2.8816, 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 SLL 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 3.0079, compared to 3.6109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6031 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was October, with a trading range of 0.7902 SLL (High: 4.0503 / Low: 3.2601). On the other end, January was the most stable month, with a tight range of 0.0343 SLL (High: 2.8689 / Low: 2.8346).
Growth Streaks & Declines
TrendsBetween January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0969 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 4.0928) against the same month in 2021 (average: 2.7523), the exchange rate shifted by +1.3405 (+48.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.8689 | 2.8346 | 2.8519 |
| February | 2.9088 | 2.8500 | 2.8726 |
| March | 2.9419 | 2.8489 | 2.8820 |
| April | 3.2820 | 2.9094 | 3.0202 |
| May | 3.3263 | 3.1148 | 3.1911 |
| June | 3.2702 | 3.1778 | 3.2292 |
| July | 3.3266 | 3.2176 | 3.2653 |
| August | 3.3463 | 3.2486 | 3.2929 |
| September | 3.3847 | 3.2755 | 3.3192 |
| October | 4.0503 | 3.2601 | 3.6993 |
| November | 4.1506 | 4.0498 | 4.0928 |
| December | 4.0499 | 3.9431 | 3.9959 |