2014 EGP to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 EGP to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the EGP to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 42.7326. Conversely, the yearly low was recorded on October 15, dropping to 40.3282.
This high-to-low spread represents a total annual volatility of 2.4044 MRO. From a start-to-finish perspective, comparing the January average rate of 41.7743 to the December average rate of 40.6813, the exchange rate registered a net change of -2.62% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 42.7326 was down 10.06% compared to the 2013 peak of 47.5124, 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 MRO 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 41.6903, compared to 40.7987 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8916 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was May, with a trading range of 1.4134 MRO (High: 42.2026 / Low: 40.7892). On the other end, July was the most stable month, with a tight range of 0.3241 MRO (High: 40.9642 / Low: 40.6401).
Growth Streaks & Declines
TrendsBetween January and April, 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 April and May, when the average rate fell by 0.7974 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2014: 42.0106) against the same month in 2013 (average: 42.6220), the exchange rate shifted by -0.6115 (-1.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 41.8820 | 41.4602 | 41.7743 |
| February | 42.0635 | 41.4040 | 41.7808 |
| March | 42.7326 | 41.7459 | 42.0106 |
| April | 42.6346 | 41.9159 | 42.2510 |
| May | 42.2026 | 40.7892 | 41.4536 |
| June | 41.0485 | 40.6623 | 40.8717 |
| July | 40.9642 | 40.6401 | 40.8121 |
| August | 41.0551 | 40.6713 | 40.8411 |
| September | 41.0612 | 40.5862 | 40.7734 |
| October | 41.1936 | 40.3282 | 40.8443 |
| November | 41.1893 | 40.6162 | 40.8398 |
| December | 40.9046 | 40.3608 | 40.6813 |