2018 EGP to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 EGP to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the EGP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 90.9176. Conversely, the yearly low was recorded on April 18, dropping to 74.5246.
This high-to-low spread represents a total annual volatility of 16.3930 MMK. From a start-to-finish perspective, comparing the January average rate of 75.9911 to the December average rate of 87.4572, the exchange rate registered a net change of 15.09% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 90.9176 was up 4.41% compared to the 2017 peak of 87.0803, 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 2018.
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 75.9090, compared to 86.0139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.1049 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 5.7668 MMK (High: 90.9176 / Low: 85.1508). On the other end, March was the most stable month, with a tight range of 0.5424 MMK (High: 76.1434 / Low: 75.6010).
Growth Streaks & Declines
TrendsBetween April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.8378 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 87.6828) against the same month in 2017 (average: 77.1314), the exchange rate shifted by +10.5514 (+13.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 76.5758 | 75.2805 | 75.9911 |
| February | 75.8855 | 74.6853 | 75.4329 |
| March | 76.1434 | 75.6010 | 75.8596 |
| April | 76.4132 | 74.5246 | 75.4328 |
| May | 76.5129 | 75.4311 | 75.9003 |
| June | 79.3134 | 75.6779 | 76.8371 |
| July | 81.5763 | 78.5376 | 79.9119 |
| August | 86.5735 | 81.5450 | 83.8754 |
| September | 90.9176 | 85.1508 | 87.6828 |
| October | 89.9289 | 85.1314 | 87.8610 |
| November | 89.8886 | 88.4091 | 89.2950 |
| December | 88.9364 | 86.1198 | 87.4572 |