2022 TOP to MGA Historical Review

YEARLY HIGH

1913.4955 MGA

YEARLY LOW

1701.1091 MGA

YEARLY AVERAGE

1771.5722 MGA

2022 TOP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TOP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1913.4955. Conversely, the yearly low was recorded on May 14, dropping to 1701.1091.

This high-to-low spread represents a total annual volatility of 212.3864 MGA. From a start-to-finish perspective, comparing the January average rate of 1748.9334 to the December average rate of 1884.0570, the exchange rate registered a net change of 7.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1913.4955 was up 7.51% compared to the 2021 peak of 1779.7490, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,567,477 MGA

2021 Average 8,505,021 MGA

Yearly Trough Low 8,505,545 MGA

Transaction Impact: A difference of 1,061,931.98 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1899.5531

1713.6001

JanuMarcMayJulySeptNove

TOP 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 1754.3258, compared to 1788.8186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34.4927 points.

H1 Avg (Jan–Jun) 1754.3258

H2 Avg (Jul–Dec) 1788.8186

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 102.5933 MGA (High: 1845.7803 / Low: 1743.1870). On the other end, February was the most stable month, with a tight range of 26.7038 MGA (High: 1768.2413 / Low: 1741.5375).

November Spread (Volatile) ±102.5933

February Spread (Stable) ±26.7038

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 42.7860 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -42.7860

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1884.0570) against the same month in 2021 (average: 1736.4479), the exchange rate shifted by +147.6091 (+8.50%).

2022 Avg (December) 1884.0570

2021 Avg (December) 1736.4479

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1761.2889	1732.2260	1748.9334
February	1768.2413	1741.5375	1758.8399
March	1803.5780	1748.4462	1776.0635
April	1797.9502	1729.6811	1771.8821
May	1754.4337	1701.1091	1729.0962
June	1763.7937	1719.6631	1741.1399
July	1802.9386	1729.2930	1762.2126
August	1813.8080	1758.0819	1785.7706
September	1785.6558	1729.1914	1753.0876
October	1770.0023	1719.5598	1742.1165
November	1845.7803	1743.1870	1805.6670
December	1913.4955	1856.4769	1884.0570