YEARLY HIGH
1.9624 MVR
YEARLY LOW
0.7839 MVR
YEARLY AVERAGE
1.6345 MVR

2016 EGP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the EGP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 1.9624. Conversely, the yearly low was recorded on December 20, dropping to 0.7839.

This high-to-low spread represents a total annual volatility of 1.1785 MVR. From a start-to-finish perspective, comparing the January average rate of 1.9549 to the December average rate of 0.8327, the exchange rate registered a net change of -57.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.9624 was down 8.38% compared to the 2015 peak of 2.1418, 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 9,812 MVR
2015 Average 9,922 MVR
Yearly Trough Low 3,919 MVR
Transaction Impact: A difference of 5,892.38 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.0671
0.7205
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 1.8156, compared to 1.4535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3621 points.

H1 Avg (Jan–Jun) 1.8156
H2 Avg (Jul–Dec) 1.4535

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.8715 MVR (High: 1.7219 / Low: 0.8504). On the other end, September was the most stable month, with a tight range of 0.0094 MVR (High: 1.7232 / Low: 1.7137).

November Spread (Volatile) ±0.8715
September Spread (Stable) ±0.0094

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.6924 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6924

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.9549) against the same month in 2015 (average: 2.1023), the exchange rate shifted by -0.1474 (-7.01%).

2016 Avg (January) 1.9549
2015 Avg (January) 2.1023

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9624 1.9450 1.9549
February 1.9594 1.9356 1.9532
March 1.9546 1.7073 1.8229
April 1.7269 1.7000 1.7183
May 1.7305 1.7160 1.7224
June 1.7378 1.6933 1.7217
July 1.7163 1.7022 1.7103
August 1.7207 1.7006 1.7108
September 1.7232 1.7137 1.7196
October 1.7277 1.7147 1.7199
November 1.7219 0.8504 1.0275
December 0.8569 0.7839 0.8327