YEARLY HIGH
201.6577 MGA
YEARLY LOW
161.8015 MGA
YEARLY AVERAGE
175.3056 MGA

2017 EGP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EGP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 201.6577. Conversely, the yearly low was recorded on July 25, dropping to 161.8015.

This high-to-low spread represents a total annual volatility of 39.8562 MGA. From a start-to-finish perspective, comparing the January average rate of 176.2709 to the December average rate of 181.1240, the exchange rate registered a net change of 2.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 201.6577 was down 51.01% compared to the 2016 peak of 411.6070, 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 1,008,289 MGA
2016 Average 1,695,676 MGA
Yearly Trough Low 809,008 MGA
Transaction Impact: A difference of 199,280.97 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

188.4926
162.9898
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 177.7725, compared to 172.8387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.9338 points.

H1 Avg (Jan–Jun) 177.7725
H2 Avg (Jul–Dec) 172.8387

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 32.7917 MGA (High: 201.6577 / Low: 168.8661). On the other end, November was the most stable month, with a tight range of 3.6769 MGA (High: 182.2639 / Low: 178.5870).

February Spread (Volatile) ±32.7917
November Spread (Stable) ±3.6769

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 7.8907 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -7.8907

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 186.3674) against the same month in 2016 (average: 406.7604), the exchange rate shifted by -220.3930 (-54.18%).

2017 Avg (February) 186.3674
2016 Avg (February) 406.7604

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 186.7468 168.5890 176.2709
February 201.6577 168.8661 186.3674
March 190.5013 171.1391 180.8464
April 180.3944 175.0201 177.1543
May 176.7244 169.2738 172.9905
June 178.9137 166.6115 173.0057
July 171.4569 161.8015 165.1150
August 169.0441 163.4764 167.0500
September 172.6956 166.4200 169.3632
October 179.1354 171.6519 174.4532
November 182.2639 178.5870 179.9270
December 183.5050 178.1332 181.1240