2014 EGP to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 EGP to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the EGP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 382.5051. Conversely, the yearly low was recorded on January 2, dropping to 322.0581.
This high-to-low spread represents a total annual volatility of 60.4470 MGA. From a start-to-finish perspective, comparing the January average rate of 325.6158 to the December average rate of 363.5927, the exchange rate registered a net change of 11.66% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 382.5051 was up 7.15% compared to the 2013 peak of 356.9941, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
EGP 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 334.2734, compared to 363.3288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 29.0553 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 17.6412 MGA (High: 371.5960 / Low: 353.9547). On the other end, March was the most stable month, with a tight range of 5.6349 MGA (High: 340.0455 / Low: 334.4107).
Growth Streaks & Declines
TrendsBetween May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 15.4341 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2014: 379.0268) against the same month in 2013 (average: 324.9575), the exchange rate shifted by +54.0693 (+16.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 330.1393 | 322.0581 | 325.6158 |
| February | 336.6281 | 330.2544 | 333.7412 |
| March | 340.0455 | 334.4107 | 337.0292 |
| April | 340.6619 | 334.6663 | 337.6061 |
| May | 339.4827 | 330.7336 | 335.3802 |
| June | 340.5987 | 329.4805 | 336.2681 |
| July | 349.0571 | 339.0299 | 343.7379 |
| August | 357.4851 | 345.6119 | 352.6698 |
| September | 371.5960 | 353.9547 | 363.5896 |
| October | 381.8693 | 371.9637 | 377.3557 |
| November | 382.5051 | 374.3699 | 379.0268 |
| December | 373.4819 | 357.3422 | 363.5927 |