2022 PGK to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
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.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
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 April and May, when the average rate fell by 3.5198 points.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |