2022 MGA to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MGA to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MGA to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 5.8797. Conversely, the yearly low was recorded on December 31, dropping to 5.2768.
This high-to-low spread represents a total annual volatility of 0.6029 VND. From a start-to-finish perspective, comparing the January average rate of 5.7051 to the December average rate of 5.3819, the exchange rate registered a net change of -5.67% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 5.8797 was down 5.46% compared to the 2021 peak of 6.2195, 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 VND 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 5.7124, compared to 5.6304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0820 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was December, with a trading range of 0.3424 VND (High: 5.6192 / Low: 5.2768). On the other end, March was the most stable month, with a tight range of 0.0933 VND (High: 5.7298 / Low: 5.6364).
Growth Streaks & Declines
TrendsBetween August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3808 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2022: 5.7338) against the same month in 2021 (average: 5.7553), the exchange rate shifted by -0.0215 (-0.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.7588 | 5.6517 | 5.7051 |
| February | 5.7591 | 5.6496 | 5.7040 |
| March | 5.7298 | 5.6364 | 5.6848 |
| April | 5.7427 | 5.6429 | 5.6974 |
| May | 5.8253 | 5.6792 | 5.7499 |
| June | 5.8053 | 5.6962 | 5.7332 |
| July | 5.7325 | 5.5455 | 5.6452 |
| August | 5.6959 | 5.5266 | 5.6055 |
| September | 5.7428 | 5.5735 | 5.6531 |
| October | 5.8797 | 5.5996 | 5.7338 |
| November | 5.8730 | 5.6510 | 5.7627 |
| December | 5.6192 | 5.2768 | 5.3819 |