YEARLY HIGH
1230.5157 MGA
YEARLY LOW
1085.2769 MGA
YEARLY AVERAGE
1133.0800 MGA

2022 QAR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the QAR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1230.5157. Conversely, the yearly low was recorded on January 4, dropping to 1085.2769.

This high-to-low spread represents a total annual volatility of 145.2388 MGA. From a start-to-finish perspective, comparing the January average rate of 1093.0679 to the December average rate of 1212.6390, the exchange rate registered a net change of 10.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1230.5157 was up 12.20% compared to the 2021 peak of 1096.7524, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,152,578 MGA
2021 Average 5,287,176 MGA
Yearly Trough Low 5,426,385 MGA
Transaction Impact: A difference of 726,193.88 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1224.5961
1081.1108
JanuMarcMayJulySeptNove

QAR 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 1101.6570, compared to 1164.5031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 62.8462 points.

H1 Avg (Jan–Jun) 1101.6570
H2 Avg (Jul–Dec) 1164.5031

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 42.7899 MGA (High: 1156.2503 / Low: 1113.4603). On the other end, February was the most stable month, with a tight range of 12.2489 MGA (High: 1101.3458 / Low: 1089.0969).

July Spread (Volatile) ±42.7899
February Spread (Stable) ±12.2489

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 1.6379 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -1.6379

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1212.6390) against the same month in 2021 (average: 1089.5801), the exchange rate shifted by +123.0589 (+11.29%).

2022 Avg (December) 1212.6390
2021 Avg (December) 1089.5801

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1099.9725 1085.2769 1093.0679
February 1101.3458 1089.0969 1095.0098
March 1114.0827 1095.3101 1104.2679
April 1116.4301 1093.7929 1104.2397
May 1111.3709 1093.7929 1102.6017
June 1118.0096 1097.2260 1110.7547
July 1156.2503 1113.4603 1132.9752
August 1162.3931 1128.4640 1146.5393
September 1168.4038 1131.5573 1147.6273
October 1175.4886 1144.8860 1164.6263
November 1197.9877 1165.8206 1182.6116
December 1230.5157 1191.2532 1212.6390