2022 MMK to MGA Historical Review

YEARLY HIGH

2.2757 MGA

YEARLY LOW

1.9565 MGA

YEARLY AVERAGE

2.1479 MGA

2022 MMK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MMK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on July 27, valuing the pair at 2.2757. Conversely, the yearly low was recorded on August 15, dropping to 1.9565.

This high-to-low spread represents a total annual volatility of 0.3191 MGA. From a start-to-finish perspective, comparing the January average rate of 2.2388 to the December average rate of 2.1047, the exchange rate registered a net change of -5.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.2757 was down 22.75% compared to the 2021 peak of 2.9458, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MMK based on timing:

Yearly Peak High 11,378 MGA

2021 Average 12,072 MGA

Yearly Trough Low 9,783 MGA

Transaction Impact: A difference of 1,595.72 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.2883

1.9639

JanuMarcMayJulySeptNove

MMK to MGA 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 2.2146, compared to 2.0813 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1333 points.

H1 Avg (Jan–Jun) 2.2146

H2 Avg (Jul–Dec) 2.0813

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.3176 MGA (High: 2.2741 / Low: 1.9565). On the other end, February was the most stable month, with a tight range of 0.0192 MGA (High: 2.2547 / Low: 2.2354).

August Spread (Volatile) ±0.3176

February Spread (Stable) ±0.0192

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.1581 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1581

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 2.2379) against the same month in 2021 (average: 2.3328), the exchange rate shifted by -0.0949 (-4.07%).

2022 Avg (July) 2.2379

2021 Avg (July) 2.3328

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2519	2.2233	2.2388
February	2.2547	2.2354	2.2430
March	2.2749	2.2427	2.2612
April	2.2720	2.1568	2.1898
May	2.1845	2.1523	2.1684
June	2.2036	2.1570	2.1862
July	2.2757	2.1998	2.2379
August	2.2741	1.9565	2.0798
September	2.0203	1.9614	1.9909
October	2.0391	1.9977	2.0210
November	2.0774	2.0367	2.0535
December	2.1332	2.0772	2.1047