2022 NZD to MGA Historical Review

YEARLY HIGH

2853.0399 MGA

YEARLY LOW

2349.4796 MGA

YEARLY AVERAGE

2623.0901 MGA

2022 NZD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NZD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 2853.0399. Conversely, the yearly low was recorded on October 1, dropping to 2349.4796.

This high-to-low spread represents a total annual volatility of 503.5602 MGA. From a start-to-finish perspective, comparing the January average rate of 2682.3832 to the December average rate of 2809.2414, the exchange rate registered a net change of 4.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2853.0399 was down 0.25% compared to the 2021 peak of 2860.2986, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,265,199 MGA

2021 Average 13,622,047 MGA

Yearly Trough Low 11,747,398 MGA

Transaction Impact: A difference of 2,517,801.16 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2848.8138

2373.9456

JanuMarcMayJulySeptNove

NZD 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 2661.5782, compared to 2584.6020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 76.9762 points.

H1 Avg (Jan–Jun) 2661.5782

H2 Avg (Jul–Dec) 2584.6020

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 287.4135 MGA (High: 2753.5419 / Low: 2466.1283). On the other end, February was the most stable month, with a tight range of 56.7814 MGA (High: 2696.7340 / Low: 2639.9526).

November Spread (Volatile) ±287.4135

February Spread (Stable) ±56.7814

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 141.9829 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -141.9829

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 2809.2414) against the same month in 2021 (average: 2692.0076), the exchange rate shifted by +117.2339 (+4.35%).

2022 Avg (December) 2809.2414

2021 Avg (December) 2692.0076

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2727.8347	2611.5801	2682.3832
February	2696.7340	2639.9526	2661.6652
March	2823.8435	2698.5364	2764.1579
April	2801.8237	2582.0611	2714.7141
May	2649.6931	2510.0159	2572.7311
June	2641.4545	2528.2294	2573.8180
July	2650.9715	2500.9954	2570.8361
August	2713.6250	2529.6916	2611.9585
September	2569.1770	2349.4796	2482.0551
October	2492.2170	2349.4796	2413.5179
November	2753.5419	2466.1283	2620.0031
December	2853.0399	2762.9262	2809.2414