2018 EGP to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 EGP to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the EGP to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 20.2626. Conversely, the yearly low was recorded on October 8, dropping to 11.6156.
This high-to-low spread represents a total annual volatility of 8.6470 MRO. From a start-to-finish perspective, comparing the January average rate of 20.0479 to the December average rate of 19.9325, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 20.2626 was down 11.30% compared to the 2017 peak of 22.8439, 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 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 20.0616, compared to 19.8519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2098 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 8.3716 MRO (High: 19.9871 / Low: 11.6156). On the other end, December was the most stable month, with a tight range of 0.1045 MRO (High: 19.9743 / Low: 19.8698).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.5687 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 20.1781) against the same month in 2017 (average: 20.4016), the exchange rate shifted by -0.2235 (-1.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 20.1240 | 19.9476 | 20.0479 |
| February | 20.1603 | 20.0418 | 20.1120 |
| March | 20.2626 | 20.1076 | 20.1781 |
| April | 20.2220 | 19.9311 | 20.1197 |
| May | 20.1917 | 19.8247 | 19.9950 |
| June | 19.9960 | 19.8598 | 19.9172 |
| July | 20.0312 | 19.8432 | 19.9072 |
| August | 20.0590 | 19.8753 | 19.9523 |
| September | 20.0702 | 19.8913 | 19.9694 |
| October | 19.9871 | 11.6156 | 19.4007 |
| November | 20.0923 | 19.8785 | 19.9492 |
| December | 19.9743 | 19.8698 | 19.9325 |