2022 PLN to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 PLN to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the PLN to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1022.4459. Conversely, the yearly low was recorded on October 8, dropping to 843.5521.
This high-to-low spread represents a total annual volatility of 178.8937 MGA. From a start-to-finish perspective, comparing the January average rate of 989.4429 to the December average rate of 1000.6627, the exchange rate registered a net change of 1.13% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 1022.4459 was down 3.02% compared to the 2021 peak of 1054.2430, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 PLN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
PLN 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 947.1511, compared to 910.8852 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 36.2659 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 96.5942 MGA (High: 966.4590 / Low: 869.8647). On the other end, January was the most stable month, with a tight range of 34.6224 MGA (High: 1004.6587 / Low: 970.0364).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 59.6732 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 1000.6627) against the same month in 2021 (average: 971.9464), the exchange rate shifted by +28.7163 (+2.95%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1004.6587 | 970.0364 | 989.4429 |
| February | 1014.3963 | 942.6611 | 991.2580 |
| March | 966.4590 | 869.8647 | 931.5849 |
| April | 963.7403 | 900.6635 | 935.4987 |
| May | 949.2785 | 887.8367 | 913.7598 |
| June | 947.0315 | 903.7933 | 921.3624 |
| July | 909.7874 | 849.9626 | 887.3094 |
| August | 926.7587 | 860.0970 | 895.9900 |
| September | 902.1206 | 843.8674 | 873.8572 |
| October | 903.0920 | 843.5521 | 869.5434 |
| November | 973.6928 | 887.5170 | 937.9484 |
| December | 1022.4459 | 973.3846 | 1000.6627 |