2022 ZAR to MGA Historical Review

YEARLY HIGH

278.5245 MGA

YEARLY LOW

230.1123 MGA

YEARLY AVERAGE

252.9158 MGA

2022 ZAR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 278.5245. Conversely, the yearly low was recorded on October 15, dropping to 230.1123.

This high-to-low spread represents a total annual volatility of 48.4122 MGA. From a start-to-finish perspective, comparing the January average rate of 256.8127 to the December average rate of 255.7468, the exchange rate registered a net change of -0.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 278.5245 was down 0.79% compared to the 2021 peak of 280.7328, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,926,224 MGA

2021 Average 13,040,053 MGA

Yearly Trough Low 11,505,615 MGA

Transaction Impact: A difference of 2,420,609.20 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

272.3195

230.6990

JanuMarcMayJulySeptNove

ZAR 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 260.6588, compared to 245.1727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.4861 points.

H1 Avg (Jan–Jun) 260.6588

H2 Avg (Jul–Dec) 245.1727

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 25.5547 MGA (High: 277.0905 / Low: 251.5357). On the other end, February was the most stable month, with a tight range of 8.6960 MGA (High: 265.2481 / Low: 256.5521).

April Spread (Volatile) ±25.5547

February Spread (Stable) ±8.6960

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 15.1893 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -15.1893

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 268.8512) against the same month in 2021 (average: 251.8680), the exchange rate shifted by +16.9831 (+6.74%).

2022 Avg (March) 268.8512

2021 Avg (March) 251.8680

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	265.2090	246.3820	256.8127
February	265.2481	256.5521	261.7738
March	278.5245	259.0147	268.8512
April	277.0905	251.5357	267.8624
May	260.8617	247.1019	252.6731
June	264.8946	250.2188	255.9799
July	254.7320	239.9730	246.3904
August	260.0381	242.2636	249.8950
September	244.2466	231.0233	237.7562
October	240.7384	230.1123	234.1673
November	256.5450	232.2445	247.0805
December	263.4431	248.1778	255.7468