YEARLY HIGH
70.1644 MGA
YEARLY LOW
61.8658 MGA
YEARLY AVERAGE
64.6470 MGA

2022 MZN to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MZN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 70.1644. Conversely, the yearly low was recorded on January 4, dropping to 61.8658.

This high-to-low spread represents a total annual volatility of 8.2986 MGA. From a start-to-finish perspective, comparing the January average rate of 62.3348 to the December average rate of 69.2049, the exchange rate registered a net change of 11.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 70.1644 was up 2.49% compared to the 2021 peak of 68.4565, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 350,822 MGA
2021 Average 296,006 MGA
Yearly Trough Low 309,329 MGA
Transaction Impact: A difference of 41,493.20 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

69.8919
61.6478
JanuMarcMayJulySeptNove

MZN 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 62.8416, compared to 66.4523 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6107 points.

H1 Avg (Jan–Jun) 62.8416
H2 Avg (Jul–Dec) 66.4523

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 2.1862 MGA (High: 65.9924 / Low: 63.8062). On the other end, February was the most stable month, with a tight range of 0.7156 MGA (High: 62.8231 / Low: 62.1075).

July Spread (Volatile) ±2.1862
February Spread (Stable) ±0.7156

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0858 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0858

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 69.2049) against the same month in 2021 (average: 62.1181), the exchange rate shifted by +7.0868 (+11.41%).

2022 Avg (December) 69.2049
2021 Avg (December) 62.1181

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 62.7251 61.8658 62.3348
February 62.8231 62.1075 62.4625
March 63.5497 62.4711 62.9835
April 63.6636 62.3483 62.9780
May 63.3652 62.3727 62.8922
June 63.8832 62.5685 63.3988
July 65.9924 63.8062 64.8747
August 66.2587 64.3498 65.3737
September 66.5753 64.4758 65.4090
October 66.9789 65.6808 66.4099
November 68.3050 66.3019 67.4416
December 70.1644 68.2602 69.2049