YEARLY HIGH
0.6541 MAD
YEARLY LOW
0.5637 MAD
YEARLY AVERAGE
0.6007 MAD

2020 EGP to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EGP to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 6, valuing the pair at 0.6541. Conversely, the yearly low was recorded on December 20, dropping to 0.5637.

This high-to-low spread represents a total annual volatility of 0.0905 MAD. From a start-to-finish perspective, comparing the January average rate of 0.6044 to the December average rate of 0.5725, the exchange rate registered a net change of -5.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6541 was up 8.89% compared to the 2019 peak of 0.6007, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,271 MAD
2019 Average 2,863 MAD
Yearly Trough Low 2,818 MAD
Transaction Impact: A difference of 452.33 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6498
0.5655
JanuMarcMayJulySeptNove

EGP to MAD 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 0.6175, compared to 0.5838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0338 points.

H1 Avg (Jan–Jun) 0.6175
H2 Avg (Jul–Dec) 0.5838

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0416 MAD (High: 0.6421 / Low: 0.6005). On the other end, October was the most stable month, with a tight range of 0.0073 MAD (High: 0.5895 / Low: 0.5822).

March Spread (Volatile) ±0.0416
October Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between January and April, 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 0.0262 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0262

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.6428) against the same month in 2019 (average: 0.5586), the exchange rate shifted by +0.0841 (+15.06%).

2020 Avg (April) 0.6428
2019 Avg (April) 0.5586

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6108 0.5959 0.6044
February 0.6261 0.6072 0.6170
March 0.6421 0.6005 0.6173
April 0.6541 0.6273 0.6428
May 0.6335 0.6184 0.6250
June 0.6137 0.5941 0.5988
July 0.6040 0.5830 0.5967
August 0.5857 0.5748 0.5794
September 0.5893 0.5745 0.5845
October 0.5895 0.5822 0.5861
November 0.5875 0.5796 0.5835
December 0.5912 0.5637 0.5725