2022 TRY to MGA Historical Review

YEARLY HIGH

303.9236 MGA

YEARLY LOW

225.2426 MGA

YEARLY AVERAGE

252.1221 MGA

2022 TRY to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TRY to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 303.9236. Conversely, the yearly low was recorded on September 23, dropping to 225.2426.

This high-to-low spread represents a total annual volatility of 78.6810 MGA. From a start-to-finish perspective, comparing the January average rate of 294.1792 to the December average rate of 237.0158, the exchange rate registered a net change of -19.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 303.9236 was down 43.95% compared to the 2021 peak of 542.2107, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 15,196,179 MGA

2021 Average 22,256,498 MGA

Yearly Trough Low 11,262,130 MGA

Transaction Impact: A difference of 3,934,048.92 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

300.7710

221.6700

JanuMarcMayJulySeptNove

TRY 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 271.8652, compared to 232.3789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 39.4863 points.

H1 Avg (Jan–Jun) 271.8652

H2 Avg (Jul–Dec) 232.3789

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 26.3307 MGA (High: 271.6870 / Low: 245.3563). On the other end, October was the most stable month, with a tight range of 3.2858 MGA (High: 229.8029 / Low: 226.5171).

May Spread (Volatile) ±26.3307

October Spread (Stable) ±3.2858

Growth Streaks & Declines

Trends

Between September and December, 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 May and June, when the average rate fell by 18.6881 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -18.6881

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 294.1792) against the same month in 2021 (average: 514.5641), the exchange rate shifted by -220.3848 (-42.83%).

2022 Avg (January) 294.1792

2021 Avg (January) 514.5641

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	303.9236	285.0450	294.1792
February	298.5899	281.7074	292.2730
March	287.0615	269.2811	275.1656
April	276.7635	269.3294	273.3077
May	271.6870	245.3563	257.4769
June	247.0170	233.6150	238.7888
July	243.4033	232.4893	237.4484
August	236.2735	226.8360	231.6332
September	231.0235	225.2426	228.2618
October	229.8029	226.5171	228.3221
November	234.0367	227.6221	231.5924
December	239.7543	234.0563	237.0158