YEARLY HIGH
1177.7077 MGA
YEARLY LOW
993.8589 MGA
YEARLY AVERAGE
1077.3604 MGA

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.

Transfer Payout Power Comparison

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

Yearly Peak High 5,888,538 MGA
2021 Average 4,970,780 MGA
Yearly Trough Low 4,969,294 MGA
Transaction Impact: A difference of 919,243.98 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1168.9608
1009.0795
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 1062.8128
H2 Avg (Jul–Dec) 1091.9081

Volatility Range Comparison

Volatility

The 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).

April Spread (Volatile) ±62.6315
October Spread (Stable) ±24.2929

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -17.9174

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2022 Avg (December) 1155.6373
2021 Avg (December) 981.1452

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