YEARLY HIGH
0.1632 XAF
YEARLY LOW
0.1365 XAF
YEARLY AVERAGE
0.1511 XAF

2022 MGA to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MGA to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 0.1632. Conversely, the yearly low was recorded on December 31, dropping to 0.1365.

This high-to-low spread represents a total annual volatility of 0.0267 XAF. From a start-to-finish perspective, comparing the January average rate of 0.1456 to the December average rate of 0.1401, the exchange rate registered a net change of -3.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1632 was up 10.04% compared to the 2021 peak of 0.1483, 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 816 XAF
2021 Average 720 XAF
Yearly Trough Low 683 XAF
Transaction Impact: A difference of 133.31 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1602
0.1382
JanuMarcMayJulySeptNove

MGA to XAF 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 0.1496, compared to 0.1525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.1496
H2 Avg (Jul–Dec) 0.1525

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0131 XAF (High: 0.1574 / Low: 0.1443). On the other end, January was the most stable month, with a tight range of 0.0036 XAF (High: 0.1475 / Low: 0.1440).

November Spread (Volatile) ±0.0131
January Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between February and May, 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 0.0089 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.1584) against the same month in 2021 (average: 0.1418), the exchange rate shifted by +0.0165 (+11.66%).

2022 Avg (September) 0.1584
2021 Avg (September) 0.1418

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1475 0.1440 0.1456
February 0.1480 0.1429 0.1451
March 0.1514 0.1462 0.1482
April 0.1555 0.1467 0.1509
May 0.1577 0.1507 0.1545
June 0.1559 0.1509 0.1533
July 0.1598 0.1524 0.1553
August 0.1602 0.1511 0.1553
September 0.1632 0.1549 0.1584
October 0.1600 0.1532 0.1572
November 0.1574 0.1443 0.1490
December 0.1433 0.1365 0.1401