YEARLY HIGH
1272.7273 MGA
YEARLY LOW
1115.3264 MGA
YEARLY AVERAGE
1170.5811 MGA

2022 PGK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PGK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1272.7273. Conversely, the yearly low was recorded on January 4, dropping to 1115.3264.

This high-to-low spread represents a total annual volatility of 157.4009 MGA. From a start-to-finish perspective, comparing the January average rate of 1129.5927 to the December average rate of 1253.7118, the exchange rate registered a net change of 10.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1272.7273 was up 12.03% compared to the 2021 peak of 1136.0292, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,363,636 MGA
2021 Average 5,460,470 MGA
Yearly Trough Low 5,576,632 MGA
Transaction Impact: A difference of 787,004.37 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1266.1237
1117.1808
JanuMarcMayJulySeptNove

PGK 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 1137.6447, compared to 1203.5175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 65.8728 points.

H1 Avg (Jan–Jun) 1137.6447
H2 Avg (Jul–Dec) 1203.5175

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 51.0224 MGA (High: 1195.7378 / Low: 1144.7154). On the other end, April was the most stable month, with a tight range of 15.1935 MGA (High: 1147.2958 / Low: 1132.1023).

July Spread (Volatile) ±51.0224
April Spread (Stable) ±15.1935

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 3.5198 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -3.5198

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1253.7118) against the same month in 2021 (average: 1123.9752), the exchange rate shifted by +129.7366 (+11.54%).

2022 Avg (December) 1253.7118
2021 Avg (December) 1123.9752

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1142.6534 1115.3264 1129.5927
February 1140.8250 1124.4619 1132.9135
March 1147.8041 1126.0014 1142.0430
April 1147.2958 1132.1023 1142.0773
May 1149.1477 1128.5626 1138.5575
June 1154.6748 1116.9827 1140.6845
July 1195.7378 1144.7154 1167.9020
August 1194.9472 1166.5391 1184.8677
September 1206.8534 1170.4545 1186.7583
October 1213.7251 1188.0017 1204.1674
November 1239.1702 1206.5385 1223.6979
December 1272.7273 1238.5084 1253.7118