YEARLY HIGH
1022.4459 MGA
YEARLY LOW
843.5521 MGA
YEARLY AVERAGE
929.0182 MGA

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.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 20,448,918 MGA
2021 Average 19,965,927 MGA
Yearly Trough Low 16,871,043 MGA
Transaction Impact: A difference of 3,577,874.93 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1013.7746
856.4315
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 947.1511
H2 Avg (Jul–Dec) 910.8852

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±96.5942
January Spread (Stable) ±34.6224

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -59.6732

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2022 Avg (December) 1000.6627
2021 Avg (December) 971.9464

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