YEARLY HIGH
0.8795 MVR
YEARLY LOW
0.8595 MVR
YEARLY AVERAGE
0.8672 MVR

2018 EGP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the EGP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.8795. Conversely, the yearly low was recorded on September 16, dropping to 0.8595.

This high-to-low spread represents a total annual volatility of 0.0200 MVR. From a start-to-finish perspective, comparing the January average rate of 0.8702 to the December average rate of 0.8629, the exchange rate registered a net change of -0.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8795 was down 10.72% compared to the 2017 peak of 0.9851, 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 4,398 MVR
2017 Average 4,331 MVR
Yearly Trough Low 4,297 MVR
Transaction Impact: A difference of 100.04 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.8780
0.8605
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 0.8716, compared to 0.8628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 0.8716
H2 Avg (Jul–Dec) 0.8628

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0142 MVR (High: 0.8791 / Low: 0.8649). On the other end, December was the most stable month, with a tight range of 0.0051 MVR (High: 0.8650 / Low: 0.8599).

May Spread (Volatile) ±0.0142
December Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between 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 May and June, when the average rate fell by 0.0067 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 0.8731) against the same month in 2017 (average: 0.8544), the exchange rate shifted by +0.0188 (+2.20%).

2018 Avg (April) 0.8731
2017 Avg (April) 0.8544

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8727 0.8671 0.8702
February 0.8763 0.8707 0.8735
March 0.8792 0.8726 0.8765
April 0.8795 0.8702 0.8731
May 0.8791 0.8649 0.8714
June 0.8718 0.8611 0.8647
July 0.8730 0.8600 0.8626
August 0.8687 0.8602 0.8636
September 0.8687 0.8595 0.8623
October 0.8649 0.8598 0.8619
November 0.8701 0.8605 0.8636
December 0.8650 0.8599 0.8629