2022 PEN to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 PEN to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the PEN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1177.7077. Conversely, the yearly low was recorded on January 1, dropping to 993.8589.
This high-to-low spread represents a total annual volatility of 183.8488 MGA. From a start-to-finish perspective, comparing the January average rate of 1022.4029 to the December average rate of 1155.6373, the exchange rate registered a net change of 13.03% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 1177.7077 was up 8.98% compared to the 2021 peak of 1080.6813, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
PEN 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 1062.8128, compared to 1091.9081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 29.0953 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was April, with a trading range of 62.6315 MGA (High: 1104.9768 / Low: 1042.3453). On the other end, October was the most stable month, with a tight range of 24.2929 MGA (High: 1076.9334 / Low: 1052.6405).
Growth Streaks & Declines
TrendsBetween January and April, 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 June and July, when the average rate fell by 17.9174 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 1155.6373) against the same month in 2021 (average: 981.1452), the exchange rate shifted by +174.4921 (+17.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1044.8735 | 993.8589 | 1022.4029 |
| February | 1069.1634 | 1032.7501 | 1051.8698 |
| March | 1088.4062 | 1053.5261 | 1075.2265 |
| April | 1104.9768 | 1042.3453 | 1076.1247 |
| May | 1100.7213 | 1041.0049 | 1069.9239 |
| June | 1093.0079 | 1060.9428 | 1081.3289 |
| July | 1086.3251 | 1031.8031 | 1063.4115 |
| August | 1093.6185 | 1055.4630 | 1078.1820 |
| September | 1094.8137 | 1054.1253 | 1074.9223 |
| October | 1076.9334 | 1052.6405 | 1067.2306 |
| November | 1135.7533 | 1075.0645 | 1112.0648 |
| December | 1177.7077 | 1132.3734 | 1155.6373 |