YEARLY HIGH
2.3805 MVR
YEARLY LOW
2.1423 MVR
YEARLY AVERAGE
2.2909 MVR

2011 EGP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the EGP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 12, valuing the pair at 2.3805. Conversely, the yearly low was recorded on April 13, dropping to 2.1423.

This high-to-low spread represents a total annual volatility of 0.2382 MVR. From a start-to-finish perspective, comparing the January average rate of 2.2018 to the December average rate of 2.3398, the exchange rate registered a net change of 6.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.3805 was up 0.89% compared to the 2010 peak of 2.3596, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 EGP based on timing:

Yearly Peak High 11,903 MVR
2010 Average 11,360 MVR
Yearly Trough Low 10,711 MVR
Transaction Impact: A difference of 1,191.24 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.3853
2.1278
JanuMarcMayJulySeptNove

EGP to MVR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.2240, compared to 2.3579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1339 points.

H1 Avg (Jan–Jun) 2.2240
H2 Avg (Jul–Dec) 2.3579

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.2352 MVR (High: 2.3805 / Low: 2.1453). On the other end, July was the most stable month, with a tight range of 0.0133 MVR (High: 2.3697 / Low: 2.3564).

May Spread (Volatile) ±0.2352
July Spread (Stable) ±0.0133

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.0245 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 2.2920) against the same month in 2010 (average: 2.2763), the exchange rate shifted by +0.0158 (+0.69%).

2011 Avg (May) 2.2920
2010 Avg (May) 2.2763

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2103 2.1852 2.2018
February 2.1862 2.1499 2.1774
March 2.1710 2.1464 2.1601
April 2.1600 2.1423 2.1492
May 2.3805 2.1453 2.2920
June 2.3767 2.3490 2.3633
July 2.3697 2.3564 2.3637
August 2.3773 2.3497 2.3633
September 2.3694 2.3489 2.3634
October 2.3715 2.3563 2.3638
November 2.3634 2.3342 2.3533
December 2.3509 2.3285 2.3398