2019 EGP to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 EGP to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the EGP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 232.0517. Conversely, the yearly low was recorded on December 16, dropping to 151.8655.
This high-to-low spread represents a total annual volatility of 80.1861 MGA. From a start-to-finish perspective, comparing the January average rate of 199.0817 to the December average rate of 224.1504, the exchange rate registered a net change of 12.59% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 232.0517 was up 12.63% compared to the 2018 peak of 206.0323, 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 2019.
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 207.6456, compared to 225.0044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.3588 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 78.6181 MGA (High: 230.4837 / Low: 151.8655). On the other end, June was the most stable month, with a tight range of 2.3510 MGA (High: 219.0128 / Low: 216.6617).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 4.6889 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2019: 228.8393) against the same month in 2018 (average: 201.0434), the exchange rate shifted by +27.7959 (+13.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 203.4559 | 194.2941 | 199.0817 |
| February | 206.0063 | 196.0895 | 201.2619 |
| March | 206.6420 | 201.1263 | 203.8614 |
| April | 212.6827 | 206.2482 | 209.4260 |
| May | 218.4909 | 210.2074 | 214.1338 |
| June | 219.0128 | 216.6617 | 218.1091 |
| July | 221.5381 | 217.1037 | 218.9941 |
| August | 225.1050 | 220.6703 | 222.6617 |
| September | 231.8176 | 224.2731 | 228.3589 |
| October | 229.3787 | 223.8905 | 227.0222 |
| November | 232.0517 | 223.7994 | 228.8393 |
| December | 230.4837 | 151.8655 | 224.1504 |