2022 THB to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 THB to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the THB to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 129.7409. Conversely, the yearly low was recorded on September 26, dropping to 110.1786.
This high-to-low spread represents a total annual volatility of 19.5623 MGA. From a start-to-finish perspective, comparing the January average rate of 119.7838 to the December average rate of 127.2195, the exchange rate registered a net change of 6.21% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 129.7409 was down 0.60% compared to the 2021 peak of 130.5241, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 THB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
THB 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 119.1377, compared to 116.9333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2044 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 11.8431 MGA (High: 124.3237 / Low: 112.4806). On the other end, May was the most stable month, with a tight range of 3.3851 MGA (High: 118.5182 / Low: 115.1331).
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 August and September, when the average rate fell by 3.4962 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 127.2195) against the same month in 2021 (average: 118.2646), the exchange rate shifted by +8.9550 (+7.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 121.7328 | 117.6660 | 119.7838 |
| February | 123.9050 | 120.4076 | 122.2760 |
| March | 122.9541 | 118.9104 | 120.9771 |
| April | 120.6834 | 116.8721 | 119.0462 |
| May | 118.5182 | 115.1331 | 116.7914 |
| June | 118.2551 | 114.3191 | 115.9519 |
| July | 115.6102 | 112.1274 | 114.0928 |
| August | 119.5043 | 113.8251 | 116.5711 |
| September | 116.1819 | 110.1786 | 113.0750 |
| October | 113.8506 | 110.4033 | 111.8754 |
| November | 124.3237 | 112.4806 | 118.7663 |
| December | 129.7409 | 124.6354 | 127.2195 |