YEARLY HIGH
206.0323 MGA
YEARLY LOW
174.6528 MGA
YEARLY AVERAGE
187.6468 MGA

2018 EGP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the EGP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 206.0323. Conversely, the yearly low was recorded on March 8, dropping to 174.6528.

This high-to-low spread represents a total annual volatility of 31.3795 MGA. From a start-to-finish perspective, comparing the January average rate of 183.1804 to the December average rate of 198.2836, the exchange rate registered a net change of 8.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 206.0323 was up 2.17% compared to the 2017 peak of 201.6577, 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 1,030,162 MGA
2017 Average 876,098 MGA
Yearly Trough Low 873,264 MGA
Transaction Impact: A difference of 156,897.73 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

203.2737
176.5101
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 182.4412, compared to 192.8523 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.4112 points.

H1 Avg (Jan–Jun) 182.4412
H2 Avg (Jul–Dec) 192.8523

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 11.5537 MGA (High: 206.0323 / Low: 194.4786). On the other end, April was the most stable month, with a tight range of 3.0245 MGA (High: 183.9126 / Low: 180.8880).

December Spread (Volatile) ±11.5537
April Spread (Stable) ±3.0245

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 3.8410 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.8410

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 198.2836) against the same month in 2017 (average: 181.1240), the exchange rate shifted by +17.1596 (+9.47%).

2018 Avg (December) 198.2836
2017 Avg (December) 181.1240

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 184.9216 181.2578 183.1804
February 182.8503 176.7250 179.3395
March 182.3117 174.6528 178.7404
April 183.9126 180.8880 182.0197
May 185.6743 180.6806 183.1480
June 190.9286 185.1955 188.2191
July 189.3734 183.6528 186.9326
August 187.4730 183.7149 185.0701
September 192.5184 187.1366 190.2168
October 197.8331 191.8820 195.5676
November 204.8911 196.8284 201.0434
December 206.0323 194.4786 198.2836