2022 NIO to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 NIO to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the NIO to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 123.0769. Conversely, the yearly low was recorded on March 13, dropping to 108.0406.
This high-to-low spread represents a total annual volatility of 15.0363 MGA. From a start-to-finish perspective, comparing the January average rate of 112.3200 to the December average rate of 121.2687, the exchange rate registered a net change of 7.97% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 123.0769 was up 8.62% compared to the 2021 peak of 113.3125, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NIO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
NIO to MGA 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 112.3877, compared to 117.7988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.4110 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 5.0311 MGA (High: 113.0717 / Low: 108.0406). On the other end, April was the most stable month, with a tight range of 1.4435 MGA (High: 112.9045 / Low: 111.4610).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 0.2482 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 121.2687) against the same month in 2021 (average: 112.2911), the exchange rate shifted by +8.9775 (+7.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 113.0238 | 110.5984 | 112.3200 |
| February | 113.2284 | 111.1876 | 112.4253 |
| March | 113.0717 | 108.0406 | 112.1771 |
| April | 112.9045 | 111.4610 | 112.3135 |
| May | 112.9888 | 111.0879 | 112.1636 |
| June | 113.7916 | 111.1983 | 112.9270 |
| July | 117.4294 | 113.7203 | 115.5959 |
| August | 117.2676 | 114.4393 | 116.0693 |
| September | 117.9458 | 114.5399 | 116.3289 |
| October | 118.8343 | 116.3762 | 117.8297 |
| November | 121.0461 | 118.8281 | 119.7003 |
| December | 123.0769 | 119.6114 | 121.2687 |