2022 MGA to ZAR Historical Review

YEARLY HIGH

0.0043 ZAR

YEARLY LOW

0.0036 ZAR

YEARLY AVERAGE

0.0040 ZAR

2022 MGA to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MGA to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.0043. Conversely, the yearly low was recorded on March 26, dropping to 0.0036.

This high-to-low spread represents a total annual volatility of 0.0008 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0039 to the December average rate of 0.0039, the exchange rate registered a net change of 0.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0043 was up 5.59% compared to the 2021 peak of 0.0041, 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 22 ZAR

2021 Average 19 ZAR

Yearly Trough Low 18 ZAR

Transaction Impact: A difference of 3.78 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0043

0.0037

JanuMarcMayJulySeptNove

MGA to ZAR 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 0.0038, compared to 0.0041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0038

H2 Avg (Jul–Dec) 0.0041

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0004 ZAR (High: 0.0043 / Low: 0.0039). On the other end, February was the most stable month, with a tight range of 0.0001 ZAR (High: 0.0039 / Low: 0.0038).

November Spread (Volatile) ±0.0004

February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.0043) against the same month in 2021 (average: 0.0038), the exchange rate shifted by +0.0005 (+13.57%).

2022 Avg (October) 0.0043

2021 Avg (October) 0.0038

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0041	0.0038	0.0039
February	0.0039	0.0038	0.0038
March	0.0039	0.0036	0.0037
April	0.0040	0.0036	0.0037
May	0.0040	0.0038	0.0040
June	0.0040	0.0038	0.0039
July	0.0042	0.0039	0.0041
August	0.0041	0.0038	0.0040
September	0.0043	0.0041	0.0042
October	0.0043	0.0042	0.0043
November	0.0043	0.0039	0.0041
December	0.0040	0.0038	0.0039