2014 EGP to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 EGP to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the EGP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 147.0219. Conversely, the yearly low was recorded on May 27, dropping to 135.1245.
This high-to-low spread represents a total annual volatility of 11.8974 MMK. From a start-to-finish perspective, comparing the January average rate of 141.5517 to the December average rate of 144.1359, the exchange rate registered a net change of 1.83% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 147.0219 was up 2.47% compared to the 2013 peak of 143.4717, 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 MMK 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 138.6331, compared to 139.3334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7003 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was November, with a trading range of 6.9192 MMK (High: 147.0219 / Low: 140.1027). On the other end, August was the most stable month, with a tight range of 0.3682 MMK (High: 136.1015 / Low: 135.7333).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 2.1606 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2014: 143.6851) against the same month in 2013 (average: 141.5067), the exchange rate shifted by +2.1784 (+1.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 141.9774 | 141.2702 | 141.5517 |
| February | 141.8292 | 140.9931 | 141.3493 |
| March | 141.0221 | 137.9708 | 139.1888 |
| April | 138.2519 | 137.4353 | 137.7429 |
| May | 137.3278 | 135.1245 | 136.0083 |
| June | 136.7829 | 135.2303 | 135.9579 |
| July | 136.5403 | 135.8172 | 136.1075 |
| August | 136.1015 | 135.7333 | 135.9165 |
| September | 138.9658 | 135.7503 | 137.1887 |
| October | 140.5500 | 137.5893 | 138.9669 |
| November | 147.0219 | 140.1027 | 143.6851 |
| December | 144.6343 | 143.6685 | 144.1359 |